-
Analysts Still Bullish On Slack Despite Earnings Sell-Off
Thursday, September 5, 2019 - 11:19am | 646Read More...Slack Technologies Inc (NYSE: WORK) shares tumbled 14% on Thursday morning after the company’s first quarterly earnings report since its direct listing in June disappointed the market. On Wednesday afternoon, Slack guided for revenue growth to slow significantly in coming quarters. Despite...
-
Autodesk Analysts: Sell-off May Be Overreaction, Fundamentals Remain Strong
Wednesday, August 28, 2019 - 11:42am | 891Read More...Sell-side analysts remained mostly bullish, though with lowered price targets, on Autodesk, Inc. (NASDAQ: ADSK) after a strong second-quarter print that was marred for investors by lowered guidance that reflects international economic concerns. Autodesk beat quarterly targets soundly, with revenue...
-
The Street Loves Still Loves Salesforce
Friday, August 23, 2019 - 12:26pm | 738Read More...Salesforce.com, inc.'s (NYSE: CRM) second-quarter results came in better than expected. On top of an earnings and sales beat, management guided third-quarter results ahead of expectations and lifted its full-year sales guidance. Shares of Salesforce moved higher Friday and multiple analysts...
-
Morgan Stanley: Salesforce Shares Aren't Pricing In Strong Free Cash Flow Growth
Monday, August 12, 2019 - 6:02pm | 363Read More...Salesforce.com, inc. (NYSE: CRM) is being overlooked by investors despite strong revenue and free cash flow growth potential, according to Morgan Stanley. The Analyst Keith Weiss maintained an Overweight rating on Salesforce with a $178 price target. The Thesis A strong case for 25%-plus...
-
All About The Cloud: Microsoft Hits All-Time High On The Back Of Strong Q4 Earnings
Friday, July 19, 2019 - 9:49am | 883Read More...Microsoft Corporation (NASDAQ: MSFT) shares traded higher by 3% on Friday morning after the company reported a fiscal fourth-quarter earnings beat led by strength in its cloud computing business. Microsoft exceeded consensus analyst expectations for fourth-quarter earnings and revenue and also...
-
Morgan Stanley Previews Adobe's Q2 Report, Says 'Solid Beat-And-Raise' Should Revive Stock
Friday, June 14, 2019 - 10:22am | 400Read More...Adobe Inc (NASDAQ: ADBE) is scheduled to report second-quarter results Tuesday, and if the company reports a "solid beat and raise," shares should get "back on track," according to Morgan Stanley. The Analyst Keith Weiss maintained an Overweight rating on Adobe Systems...
-
Morgan Stanley Downgrades Symantec, Says It's Losing Share In Core Markets
Tuesday, June 11, 2019 - 4:26pm | 378Read More...Symantec Corporation (NASDAQ: SYMC) fell Tuesday after Morgan Stanley downgraded the stock, citing increased competition and management turnover as risks to the software security company’s turnaround and earnings. The Analyst Keith Weiss downgraded Symantec from Equal-weight to...
-
Wall Street Mostly Positive On Salesforce's Q1
Wednesday, June 5, 2019 - 1:45pm | 680Read More...Cloud company salesforce.com, inc. (NYSE: CRM) reported Tuesday fiscal first-quarter results that were greeted with a mostly unanimous positive reaction from Street analysts. The Analysts Morgan Stanley's Keith Weiss maintains an Overweight rating on Salesforce's stock with an unchanged $...
-
The Street Debates Workday's Q1 Report
Wednesday, May 29, 2019 - 3:47pm | 736Read More...Enterprise cloud applications company Workday Inc (NASDAQ: WDAY) reported Tuesday fiscal first-quarter 2020 results highlighted by at least 30 percent growth year-over-year in total revenue, subscription revenue and subscription revenue backlog. Here is a summary of how some of the Street's top...
-
Analysts Hold Their Views On Autodesk Despite Mixed Quarter
Friday, May 24, 2019 - 2:05pm | 857Read More...Autodesk, Inc. (NASDAQ: ADSK) reported below-par first-quarter results Thursday, sending the stock lower. The Analysts Wedbush analyst Steve Koenig maintained a Neutral rating on Autodesk and lowered the price target from $166 to $164. KeyBanc Capital Markets analyst Jason Celino...
-
Morgan Stanley Ends Bearish Atlassian Stance: 'It's Hard To Be Underweight Great Companies'
Thursday, May 23, 2019 - 12:21pm | 392Read More...Morgan Stanley increased its price target for Atlassian Corporation PLC (NASDAQ: TEAM) Thursday on the basis of the software company's growth prospects over the next five years. The Analyst Keith Weiss upgraded Atlassian from Underweight to Equal-Weight and lifted the price target from $...
-
Morgan Stanley Turns Bullish On Adobe, Highlights 'Durable' 20% EPS Growth
Monday, April 29, 2019 - 10:58am | 391Read More...Software investors may want to consider passing on "hyper growth stories" in favor of a company like Adobe Inc (NASDAQ: ADBE), which offers a "durable" earnings per share growth profile, according to Morgan Stanley. The Analyst Keith Weiss upgraded Adobe from Equal-weight...
-
'Boringly Excellent': Street Gushes Over Microsoft's Quarter, Feather In Cap For Nadella
Thursday, April 25, 2019 - 1:24pm | 715Read More...Wall Street analysts gushed over yet another strong quarter from Microsoft Corporation (NASDAQ: MSFT) as investors pumped the computing giant’s stock even higher. Reactions on the Street ranged from astonishment over what one analyst called a “no blemishes” quarter to those no...
-
Morgan Stanley Drops Bearish Intuit Stance, Points To Tax Season Catalysts
Monday, February 4, 2019 - 11:50am | 417Read More...Morgan Stanley's bearish stance on Intuit Inc. (NASDAQ: INTU), which dates to September 2016, is no longer justifiable ahead of multiple catalysts that should result in more durable revenue growth, in the sell-side firm's view. The Analyst Analyst Keith Weiss upgraded Intuit from...
-
Symantec's Stellar Q3 Fails To Pull Analysts From The Sidelines
Friday, February 1, 2019 - 12:26pm | 612Read More...Security software vendor Symantec Corporation (NASDAQ: SYMC) reported forecast-beating third-quarter results and raised its enterprise security revenue as well as EPS guidance for 2019. The company also announced the departure of its CFO. The Analysts Wedbush analyst Daniel Ives maintained a...














