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How The Big Boys Are Playing Salesforce After Earnings
Friday, August 21, 2015 - 1:28pm | 909Read More...Shares of salesforce.com, inc. (NYSE: CRM) were volatile during Thursday's after-market trading session following the company's second-quarter report. Shares initially traded lower to $65.90 before rebounding. The stock opened at $69.00 on Friday and saw buying momentum right after the opening bell...
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Splunk Buys Caspida, Wall Street Reacts Positively
Friday, July 10, 2015 - 8:58am | 337Read More...Splunk Inc (NASDAQ: SPLK) on Thursday announced it acquired Caspida, a cybersecurity and threat detection company for $190 million, $127 million of which will be in cash and $63 million in restricted common stock. Here are how some of Wall Street's top analysts reacted to the acquisition...
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FireEye 'Well Positioned To Sustain Market Leading Growth,' Morgan Stanley Says
Thursday, June 4, 2015 - 8:49am | 140Read More...Morgan Stanley analysts Melissa Gorham and Keith Weiss have rated FireEye Inc (NASDAQ: FEYE) at Equal-Weight alongside a $37 price target. The stock traded up $0.68 on Wednesday, closing at $47.69. Shares were trading up $1.44 (3 percent) at $49.13 in Thursday’s pre-market session. The...
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Analysts: Splunk's Shift To Term Licenses Is Revenue Headwind
Friday, May 29, 2015 - 1:22pm | 345Read More...Splunk Inc (NASDAQ: SPLK) fell sharply Friday despite beating first quarter estimates and multiple love notes from Wall Street analysts. The analytics software company traded down more than 4 percent recently at $67.76. The sell-off was sparked by concern that Splunk's billings growth...
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Cybersecurity Investors: This Stock Could Win The Most From Rising Demand
Wednesday, May 27, 2015 - 11:35am | 575Read More...In a report published Wednesday, Morgan Stanley analyst Keith Weiss discussed the results of a cyber-security themed survey he conducted with more than 60 Chief Security Officers (CSOs). "Growth in security spending is expected to improve in 2015 versus 2014, with respondents reporting an...
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Wall Street's Reaction To Salesforce's Earnings
Thursday, May 21, 2015 - 9:28am | 473Read More...salesforce.com, inc. (NYSE: CRM) reported its first quarter results on Wednesday after market close. Here are what some of Wall Street's top analysts are saying. Credit Suisse: ‘Everything Is Awesome' Phillip Winslow commented in a note that Salesforce's revenue and...
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Apigee Sell-Side Quiet Period Expires; Analysts Decidedly Bullish
Tuesday, May 19, 2015 - 5:01pm | 463Read More...The sell-side quiet period for Apigee Corp (NASDAQ: APIC) has ended and analysts have commented Tuesday on the stock. Overall, analyst coverage has been bullish and shares responded by moving more than 4 percent higher Tuesday. Credit Suisse initiated coverage with an Outperform rating and $...
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Salesforce Roundup: What's The Street Think?
Thursday, April 30, 2015 - 12:37pm | 705Read More...Chatter surfaced late Wednesday that salesforce.com, inc. (NYSE: CRM) could be on the selling block as the company was approached for a takeover. Other media reports suggested the company is working with bankers to field offers. Several names mentioned as potential buyers include Oracle...
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Morgan Stanley Sees 'Low Probability' In Oracle Bid For Salesforce
Thursday, April 30, 2015 - 12:20pm | 218Read More...The acquisition of Salesforce.com, Inc. (NASDAQ: CRM) by Oracle Corporation (NYSE: ORCL) would need to overcome withering antitrust scrutiny as well as deeply clashing corporate cultures, an analyst said Thursday. "It would be the largest software deal in history and by definition, large deals are...
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Microsoft's Street Views Descending After Q3 Results
Thursday, April 23, 2015 - 1:56pm | 327Read More...A strong dollar and a weak market for personal computers may result in lower expectations for Microsoft Corporation (NASDAQ: MSFT) following its fiscal third-quarter earnings report after the bell Wednesday. "Consensus estimates clearly need to come down," according to Wells Fargo's...
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This Analyst Says Box's Spending Will Weigh On Margins
Wednesday, April 1, 2015 - 2:17pm | 189Read More...Box Inc (NYSE: BOX) is spending heavily to capture new markets but resulting limits on its margin growth make it's stock fairly valued, an analyst said Wednesday. The cloud-based data storage and management company's shares are down 20 percent year-to-date and changed hands recently at $18.68, off...
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Morgan Stanley Sees Stabilizing Profile In FY16 And Beyond For Oracle
Friday, March 20, 2015 - 9:14am | 89Read More...In a report published Friday, Morgan Stanley analyst Keith Weiss reiterated an Overweight rating and $50.00 price target on Oracle Corporation (NYSE: ORCL). In the report, Morgan Stanley noted, "Reviewing ORCL's 3Q15 10q highlighted the challenging FX headwinds on margins. SW Support helped offset...
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Morgan Stanley Lowers Microsoft's Price Target Amid Weakening PC Sales
Wednesday, March 18, 2015 - 10:24am | 212Read More...Morgan Stanley on Wednesday issued a report on Microsoft Corporation (NASDAQ: MSFT) after estimates of weakening PC data points and the potential for a downturn in commercial growth. Morgan Stanley rates Microsoft as Equal-weight and lowered its price target from $50 to $46. Analysts Keith...
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Morgan Stanley Says A Good Q4 For Box 'Might Not Be Good Enough'
Thursday, March 12, 2015 - 9:29am | 161Read More...In a report published Thursday, Morgan Stanley analyst Keith Weiss commented that Box Inc's (NYSE: BOX) fourth quarter print showed progress in several areas, but 33 percent billings growth doesn't meet expectations for its first quarter post-IPO. Weiss noted that the company's 45,000 customer base...
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Analysts On Palo Alto Networks: 'More Wood To Be Chopped'
Tuesday, March 3, 2015 - 3:10pm | 337Read More...Palo Alto Networks Inc (NYSE: PANW) is likely to continue to gain market share while a higher proportion of revenue from existing customers should result in wider margins, analysts said Tuesday. The California-based network security company beat fourth-quarter expectations Monday and at least...
