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What Wall Street Thinks About Salesforce's Q2 Earnings
Wednesday, August 23, 2017 - 3:15pm | 674Read More...Salesforce.com, inc. (NYSE: CRM) hit a new all-time high of $94.63 Wednesday after the company managed to report a top and bottom-line beat in its second-quarter earnings. With the stock up more than 35 percent since the start of 2017 alone, are analysts optimistic there is room for further gains...
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2 Sides To The Twilio Coin: JMP Securities Maintains Outperform Rating
Thursday, May 25, 2017 - 3:10pm | 351Read More...After attending day one of the developer conference SIGNAL in San Francisco held this week, JMP Securities is reiterating its Market Outperform rating on API provider Twilio, Inc (NYSE: TWLO). “The good news is that we believe Twilio is doing the right things to win in this category,”...
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What A Dreamforce Conference Survey Had To Say About Salesforce
Monday, October 10, 2016 - 2:18pm | 766Read More...Patrick Walravens of JMP Securities maintained an Outperform rating on salesforce.com, inc. (NYSE: CRM) with an unchanged $92 price target after attending the company's "Dreamforce" user conference last week. Walravens took advantage of the conference to ask over a dozen of salesforce.com's...
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JMP Highlights Several Reasons NetSuite's Takeout Price Could Increase
Tuesday, September 13, 2016 - 4:10pm | 345Read More...After placing NetSuite Inc (NYSE: N) shares under review on July 28, speculation of an offer price boost from Oracle Corporation (NYSE: ORCL) led JMP to take another, closer look at the stock. Analysts Patrick Walravens and Mathew Spencer of JMP maintain their Market Outperform rating on the stock...
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The Reveal Of Salesforce's Big Bid For LinkedIn Makes This Analyst Nervous
Tuesday, August 16, 2016 - 1:47pm | 260Read More...Patrick Walravens of JMP maintained a Market Perform rating on salesforce.com, inc. (NYSE: CRM) with an unchanged $92 price target ahead of the company's Q2 earnings print on August 31. Walravens is expecting Salesforce's year-over-year billings estimate to now be $1.903 billion, an...
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Twilio Saw Less Revenue From WhatsApp In Q2, And JMP Securities Say That's A Good Thing
Wednesday, August 10, 2016 - 12:20pm | 335Read More...JMP Securities maintained its Market Perform rating on Twilio Inc (NYSE: TWLO) after the company disclosed in its Form 10-Q about the drop in the amount of revenue received from its largest customer, WhatsApp, through the first half of 2016. The revenue from WhatsApp, owned by Facebook Inc (...
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JMP Securities Downgrades Model N Citing Fair Valuation; Shares Down 25%
Tuesday, August 9, 2016 - 12:40pm | 291Read More...JMP Securities downgraded Model N Inc (NYSE: MODN) to Market Perform from Market Outperform following the company's disappointing guidance for the fourth quarter and FY17. On Tuesday, shares plunged 29 percent to $9.75, nearing its 52-week low of $9.19. Model N sees fourth quarter non-...
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Big Beat For Twilio: JMP's Patrick Walravens Touts Its Defining Characteristic
Tuesday, August 9, 2016 - 10:33am | 325Read More...Twilio Inc (NYSE: TWLO) reported results for its first quarter as a public company for 2Q16, with the revenue and EPS meaningfully beating expectations. JMP’s Patrick Walravens maintained a Market Perform rating on the company. The company reported robust 2Q16 results, with year-on-year...
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JMP Analyst Believes Salesforce.com Is Seeing Payoff From Investments
Thursday, June 23, 2016 - 3:37pm | 260Read More...JMP Securities maintains its Market Outperform rating and $92 price target on salesforce.com, inc. (NYSE: CRM), saying the company is seeing the payoff from a number of investments over the past three years, including enterprise, verticals, ecosystem and international. JMP analysts met with CFO...
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2 Issues Oracle Investors Should Keep An Eye On
Friday, June 3, 2016 - 8:20am | 295Read More...JMP Securities’ Patrick Walravens expressed concern regarding the longer-term performance of Oracle Corporation (NYSE: ORCL), against the backdrop of competition from Cloud platforms, such as Amazon.com, Inc. (NASDAQ: AMZN) [AWS], Microsoft Corporation (NASDAQ: MSFT) [Azure] and Alphabet...
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JMP Cheers Salesforce's Customer Service Response
Thursday, May 12, 2016 - 11:52am | 301Read More...Salesforce.com, inc. (NYSE: CRM) experienced an outage that affected some regions in North America and lasted from 13:31 UTC on May 10 to 9:30 UTC on May 11. JMP Securities’ Patrick Walravens maintains a Market Outperform rating on the company, with a price target of $90. How Management Coped...
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Analysts Thoughts On Oracle Ahead Of Q3 Results
Tuesday, March 15, 2016 - 2:48pm | 513Read More...Oracle Corporation (NYSE: ORCL) is set to report its third-quarter financial results on Tuesday after the market closes. The Street consensus estimate calls for a drop of 8.8 percent in earnings and 2.3 percent in sales. Analysts, on average, expect earnings of $0.62 a share on revenue of $9.12...
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JMP Analyst: Buy Dip In Salesforce, Stock Worth $90
Wednesday, February 3, 2016 - 11:57am | 298Read More...Shares of salesforce.com, inc. (NYSE: CRM) have appreciated 10.41 percent over the past year, rising almost to their 52-week high on December 4 at $82.14. JMP Securities’ Patrick Walravens has maintained a Market Outperform rating and price target of $90 on the company. Walravens...
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Salesforce Buys SteelBrick For $300 Million: What's It Mean?
Monday, December 28, 2015 - 11:11am | 271Read More...The share price of salesforce.com, inc. (NYSE: CRM) has risen 31.23 percent year to date, reaching close to the 52 week high on December 4, at $82.14. Patrick Walravens of JMP Securities has maintained an Outperform rating and price target of $90 on the company. On December 23, salesforce...
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JMP Cuts Oracle To Market Underperform, Sets $31 Price Target
Wednesday, October 14, 2015 - 7:58am | 278Read More...Oracle Corporation (NYSE: ORCL) shares are down 17 percent year-to-date, sliding from around $45 in mid-June to around $35 in August. JMP Securities’ Patrick Walravens downgraded the rating on the company, while establishing a price target of $31. There are several concerns...
