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Activist Investor Likely To Push Akamai For Cost Cuts, But Is That The Right Move?
Wednesday, December 27, 2017 - 3:53pm | 346Read More...Elliott Management and Elliott International disclosed a joint 6.5-percent ownership stake in Akamai Technologies, Inc. (NASDAQ: AKAM) Dec. 15. The Analyst Morgan Stanley's Keith Weiss maintained an Underweight on Akamai and increased the price target from $46 to $52. The...
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The Sell-Side Reaction To Oracle's Earnings Beat, Cloud Weakness
Friday, December 15, 2017 - 4:34pm | 785Read More...Shares of Oracle Corporation (NYSE: ORCL) were trading lower by around 5 percent Friday after the company's fiscal second quarter report showed an earnings beat — but its cloud infrastructure and platform revenue fell short of expectations. Barclays: Continued Weakness Barclays...
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5 Analyst Takes On Workday's Earnings
Thursday, November 30, 2017 - 4:39pm | 815Read More...Shares of Workday Inc (NASDAQ: WDAY) were trading lower by more than 2 percent Thursday after the company's better-than-expected earnings report was overshadowed by several concerning metrics. Here's what some of Wall Street's top analysts are saying after the print: Bank Of America:...
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Autodesk's Earnings And 15% Decline: Wall Street Reacts
Wednesday, November 29, 2017 - 3:53pm | 857Read More...Autodesk, Inc. (NASDAQ: ADSK)'s third quarter earnings report resulted in the stock notably selling off by 15 percent on Wednesday, which reinvigorated Wall Street's bull vs. bear debate on the software company. Morgan Stanley: Upside Potential Morgan Stanley's Keith Weiss...
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6 Analysts Review Salesforce's 'Strong' Q3
Wednesday, November 22, 2017 - 2:02pm | 1014Read More...salesforce.com, inc. (NYSE: CRM) reported third quarter earnings and guidance Tuesday. Here's a recap of what some of Wall Street's top analysts are saying after the print: 'Good Place To Be In 2018' Canaccord Genuity's Richard Davis maintains a Buy rating on...
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The Nuance Communications Turnaround Story Is Growing More Convincing, Says Morgan Stanley
Thursday, November 2, 2017 - 11:49am | 460Read More...Morgan Stanley upgraded shares of Nuance Communications Inc. (NASDAQ: NUAN) Thursday with projections of a return to positive growth by the company. Analyst Sanjhit Singh upgraded shares of Nuance Communications from Equal-Weight to Overweight, with a $18 price target. At the time of...
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Breaking Down Adobe's New Guidance
Thursday, October 19, 2017 - 10:12am | 349Read More...Adobe Systems Incorporated (NASDAQ: ADBE) announced Wednesday an update to its 2018 outlook which helped boost the stock higher by more than 7 percent during Thursday's pre-market trading session. Adobe's preliminary fiscal 2018 earnings per share guidance of $5.50 not only represents a 31 percent...
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Palo Alto Networks Security Platform Has Industry Disruptive Potential
Tuesday, October 10, 2017 - 1:21pm | 350Read More...With the missteps of fiscal year 2017 in the rearview, Morgan Stanley sees a bright future ahead for Palo Alto Networks Inc (NYSE: PANW). “With execution issues behind them, expanded sales capacity against easier comps, and a conservative bar for FY18 we believe it’s time to rebuild...
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Investors Advised To Wait For The Next Catalyst To Get Into Splunk
Monday, October 2, 2017 - 11:36am | 424Read More...Citing Splunk Inc (NASDAQ: SPLK)'s valuation and limited upcoming catalysts, Morgan Stanley said it sees limited upside to its price target for the shares of the company. Accordingly, the firm downgraded shares of the company from Overweight to Equal Weight, while maintaining the price target at...
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Morgan Stanley Joins Bull Thesis TEAM On Atlassian Corporation
Tuesday, July 25, 2017 - 2:49pm | 370Read More...The expanding user base at Atlassian Corporation PLC (NASDAQ: TEAM) prompted Morgan Stanley to join the bull thesis team. Accordingly, the firm upgraded the shares of the company. Analysts Sanjit Singh and Keith Weiss believe the improving user base expansion and clear signs of pricing power...
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It's Time To Revisit The Question Of Whether Oracle Can Hit Double-Digit Earnings Growth
Thursday, June 22, 2017 - 10:19am | 385Read More...Shares of Oracle Corporation (NYSE: ORCL) were trading higher by more than 10 percent Thursday morning in reaction to an encouraging earnings report. But the results weren't good enough for some analysts to turn bullish on the name. Morgan Stanley's Keith Weiss maintains an Equal-Weight rating on...
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Morgan Stanley Sees Microsoft Resuming An Upward Trajectory
Monday, June 19, 2017 - 11:29am | 433Read More...Morgan Stanley analyst Keith Weiss has grown even more bullish on Microsoft Corporation (NASDAQ: MSFT), reiterating an Overweight rating with a price target raised from $72 to $80. “Microsoft is back to showing durable double-digit EPS growth — and investors should be willing to pay a...
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As Path To All-Subscription Model Comes Into View, Autodesk Upgraded
Monday, May 1, 2017 - 11:40am | 389Read More...Morgan Stanley's Keith Weiss upgraded shares of Autodesk, Inc. (NASDAQ: ADSK) from Equal Weight to Overweight with a price target boosted from $69 to $115 given the company's now "clear path" to grow. According to Weiss, Autodesk boasts a dominant positioning inside the Architectural, Engineering...
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Why Now Is The Time To Be Buying Salesforce
Tuesday, November 8, 2016 - 12:33pm | 319Read More...Given salesforce.com, inc. (NYSE: CRM)'s unmatched secular positioning and attractive risk/reward, Morgan Stanley’s Keith Weiss has dubbed the stock "Top Pick." Weiss maintains an Overweight rating on the company, with a price target of $107. The price target represents upside potential of 43...
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Is Adobe's Strong Performance Already Priced In?
Wednesday, September 21, 2016 - 9:30am | 375Read More...While Adobe Systems Incorporated (NASDAQ: ADBE) reported robust Q3 results and raised its Q4 EPS guidance, Morgan Stanley’s Keith Weiss believes the outperformance is already priced into the stock. Weiss maintains an Equal-Weight rating on the company, while raising the price target from $100...
















