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No Longer TEAM Players: Morgan Stanley Downgrades Atlassian On Valuation
Thursday, October 4, 2018 - 10:28am | 408Read More...The bullish case for Australia-based Atlassian Corporation PLC (NASDAQ: TEAM), a provider of team collaboration and productivity software, is no longer warranted after the stock's approximate 100 percent gain since the start of 2018, according to Morgan Stanley. The Analyst Morgan Stanley's...
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Analysts Review Pivotal Software After Mixed Q2
Thursday, September 13, 2018 - 4:46pm | 477Read More...Pivotal Software (NYSE: PVTL) fell over 20 percent after the company's second-quarter print. Here's a roundup of how the sell-side reacted. The Analysts Credit Suisse analyst Brad Zelnick maintained an Outperform rating on Pivotal with a $25 price target. KeyBanc analyst Alex Kurtz...
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BTIG Downgrades Zscaler On Valuation, Says Company Is Redefining Cybersecurity Market
Monday, September 10, 2018 - 3:26pm | 387Read More...Zscaler, Inc. (NASDAQ: ZS) shares are exhibiting balanced near-term risk-reward after a "successful" IPO earlier this year, according to BTIG. The Analyst BTIG analyst Joel P. Fishbein Jr. downgraded Zscaler from Buy to Neutral. The Thesis Zscaler shares have risen over 60 percent...
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Palo Alto Posts 'Healthy' Q4 Print, But UBS Sees Need For M&A, Reinvestment
Friday, September 7, 2018 - 1:39pm | 384Read More...Palo Alto Networks Inc (NYSE: PANW) reported Thursday with a fiscal fourth-quarter report that marks a "healthy" finish to fiscal 2018 and a "solid start" to fiscal 2019, according to UBS. The Analyst Analyst Fatima Boolani maintained a Neutral rating on Palo Alto...
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Canaccord Genuity Upgrades Inseego On Rosy Revenue, Growth Projections
Thursday, September 6, 2018 - 11:47am | 413Read More...Software as a service provider Inseego Corp. (NASDAQ: INSG) has developed new products and an improved cost structure that should drive strong growth, according to Canaccord Genuity. The Analyst Analyst T. Michael Walkley upgraded Inseego from Hold to Buy and raised the price target...
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Analyst Steps To The Sidelines On American Software Ahead Of Q1 Earnings
Tuesday, August 28, 2018 - 3:44pm | 314Read More...American Software, Inc. (NASDAQ: AMSWA) is scheduled to release its first-quarter earnings report on Sept. 4. The Analyst B. Riley FBR analyst Kevin Liu downgraded American Software from Buy to Neutral after the stock hit his $18 price target. The Thesis According to Liu, the company’s...
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Cyberark Among The Few 'Reasonably Priced' Software Stocks, JPMorgan Says In Upgrade
Wednesday, August 8, 2018 - 11:25am | 358Read More...Cyberark Software Ltd (NASDAQ: CYBR) infrastructure and assets, reported second-quarter results Tuesday that compelled JPMorgan to upgrade the stock. The Analyst JPMorgan's Sterling Auty upgraded Cyberark from Neutral to Overweight with a price target lifted from $60 to $85. The...
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Piper Jaffray, JPMorgan Are 'Logging Out' Of LogMeIn
Friday, July 27, 2018 - 2:37pm | 603Read More...LogMeIn Inc (NASDAQ: LOGM), a provider of cloud-based connectivity, reported second-quarter results Thursday that prompted a sell-off in the stock and lower ratings from multiple Street analysts. The Analysts Piper Jaffray's Alex Zukin downgraded LogMeIn from Overweight to Neutral...
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Wall Street Reacts After Adobe Posts Q2 Earnings Beat
Friday, June 15, 2018 - 10:34am | 912Read More...Adobe Systems Incorporated (NASDAQ: ADBE)'s fiscal second-quarter print came in better than expected Thursday afternoon. Here's how the sell side reacted. The Analysts Pivotal Research Group's Brian Wieser maintained Adobe at Hold with a price target lifted from $...
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BofA: Atlassian's 'Best-Of-Breed Business Model' Overshadowed By Fair Valuation
Wednesday, May 30, 2018 - 4:30pm | 394Read More...Atlassian Corporation PLC (NASDAQ: TEAM) boasts a "best-of-breed" business model, but the stock's valuation is priced close to its fair value, according to Bank of America Merrill Lynch. The Analyst BofA's Nikolay Beliov initiated coverage of Atlassian with a Neutral...
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Goldman Cites Lack Of Competition In Bullish Coupa Software Initiation
Monday, April 23, 2018 - 11:49am | 434Read More...Coupa Software Inc (NASDAQ: COUP) has established itself as a sector leader and should show superior growth rates over the next three to five years, according to Goldman Sachs. The Analyst Goldman Sachs' Jesse Hulsing initiated coverage of Coupa Software's with a Buy rating and $60 price...
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Cloudera Plummets 40% Following Weak Forecast; Analysts Weigh In On What To Do Next
Wednesday, April 4, 2018 - 3:26pm | 674Read More...Cloudera Inc (NYSE: CLDR), an enterprise-grade data analytics and machine learning platform provider, on Tuesday reported fourth quarter results, which sent shares plummeting by more than 40 percent. Despite the massive sell-off, some Wall Street analysts still recommend buying the stock. Shares of...
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Cloudera Issues Weak Guidance; Deutsche Bank Downgrades On Risk Of 'Demand Shift'
Wednesday, April 4, 2018 - 10:35am | 349Read More...Cloudera Inc (NYSE: CLDR) reported better-than-expected fourth-quarter results after the close Tuesday, but issued weak guidance for the first quarter of 2019 as well as the full fiscal year. The stock reacted to the sour guidance with a steep move to the downside. The Analyst Reviewing...
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BlackBerry Reports 'Strong' Q4, But 2019 Guidance Is Limited, Says BMO
Thursday, March 29, 2018 - 12:44pm | 328Read More...BlackBerry Ltd (NYSE: BB)'s fourth-quarter earnings report was highlighted by a top-and-bottom-line beat, but a BMO Capital Markets analyst has some concerns with management's "limited" guidance. The Analyst BMO Capital Markets' Tim Long maintains a Market Perform rating on...
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Cloud Confusion: Wall Street's Mixed Reaction To Red Hat's Q4
Tuesday, March 27, 2018 - 1:21pm | 630Read More...Red Hat Inc (NYSE: RHT) reported fourth-quarter results Monday that were more positive than anticipated across the board, while the software company's guidance for 2019 exceeded Street expectations. Here's how Wall Street reacted to the print. The Analysts Bank...















