Patrick Walravens

In a report published Tuesday, JMP Securities analyst Patrick Walravens downgraded the rating on Rally Software Development Corp (NYSE: RALY) from Market Outperform and Market Perform, following a review of the merger filed by the company on Monday. "The background to the merger filing...

JMP Securities raised its estimates for salesforce.com, inc. (NYSE: CRM) Thursday and maintained a Market Outperform rating and $75 price target. After attending the Apttus Accelerate 2015 conference in San Francisco, Analysts Patrick Walravens and Peter Lowry noted that Apttus “should do...

salesforce.com, Inc. (NYSE: CRM) will meet expectations despite a major currency headwind when it posts fourth-quarter results, an analyst said Monday. The San Francisco-based customer relations company, which gets about 30 percent of its business outside the U.S., is expected to post adjusted...

Patrick Walravens of JMP Securities on Monday commented in a note that Workday Inc (NYSE: WDAY) will report positive fourth-quarter results on February 25. "Our checks remain preliminary, but at this point we have 12 data points, eight of which are positive, and seem to suggest our F4Q...

Shares of RealPage (NASDAQ: RP) spiked down more than 26 percent in the after-market hours on Thursday after posting what JMP Securities analyst Patrick Walravens called, "very disappointing" preliminary second quarter results." The company said revenue will be in the range of $...

Shares of Rackspace (NYSE: RAX) jumped higher after the company reported a 50 percent EPS beat and strong forward guidance. Tuesday, analysts from FBN, JMP, Pacific Crest and Raymond James gave their opinions of the results. FBN: Maintains Underperform Rating, Lowers Price Target to $30 FBN...

In a report published Tuesday, JMP Securities analyst Patrick Walravens reiterated a Market Outperform rating on NetSuite (NYSE: N), but lowered the price target from $121.00 to $101.00. In the report, JMP Securities noted, “We maintain our Market Outperform rating on NetSuite but decrease our...

Shares of Cornerstone OnDemand (NASDAQ: CSOD) are down 7.1 percent to $41.03 after JMP Securities lowered the price target from $70 to $63 Tuesday morning. The stock was down as much as 13 percent early in Tuesday's trading. Analyst Patrick Walravens maintained a Market Outperform rating, but is...

In a report published Thursday, JMP Securities analyst Patrick Walravens raised Salesforce.com (NYSE: CRM) fourth quarter billings growth estimate from 30% to 34%, expecting a "blow-out" fourth quarter. Walravens commented that his checks suggest that Salesforce.com won a deal with a Fortune 100...

Oracle's (NYSE: ORCL) planned acquisition of Responsys (NASDAQ: MKTG) may not be as black and white as originally appeared. JMP Securities analyst Patrick Walravens noted that Responsys may get a competing bid from SAP, IBM or Microsoft. Walravens reported that the SAP has been in partnership...

Research analysts Peter J. Bussi and Patrick Walravens of JMP Securities (NYSE: JMP) have maintained their MarketPerform rating on security management solutions provider ArcSight (NASDAQ: ARST), following an EPS announcement of $0.15. A more positive rating is being withheld till there is evidence...