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Nutanix Replaced By Cisco On Goldman Sachs' Conviction List, But Still A Buy
Friday, March 23, 2018 - 11:21am | 544Read More...Nutanix Inc (NASDAQ: NTNX) shares rose 46 percent after the company's second-quarter report, prompting Goldman Sachs to remove the cloud software name from its Americas Conviction List while adding networking giant Cisco Systems, Inc. (NASDAQ: CSCO) to the list. An addition to the list...
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MuleSoft Spikes 20% Following Report Of Takeover Interest From Salesforce (Update)
Tuesday, March 20, 2018 - 12:00pm | 382Read More...Shares of Mulesoft Inc (NYSE: MULE) spiked more than 25 percent Tuesday morning after the company was named as a potential acquisition target. What Happened Mulesoft, a provider of integration software for connecting applications, data and devices, is in advanced talks to be acquired by...
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Mizuho: Red Hat Valuation Leaves Little Room For Upside
Monday, March 12, 2018 - 3:44pm | 433Read More...While there is much to like about open source software provider, Red Hat Inc (NYSE: RHT), the company appears fully valued at current levels, according to Mizuho Securities. The Analyst Analyst Abhey Lamba downgraded the company from Buy to Neutral and lowered the price target...
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Salesforce CEO Talks $20B Revenue Target After Record Year
Thursday, March 1, 2018 - 2:15pm | 401Read More...Salesforce.com, inc. (NYSE: CRM) reported fourth-quarter and full-year results Wednesday that marked a historical milestone for the company, CEO Marc Benioff said in a CNBC interview. What Happened Salesforce's total revenue for the full year rose 25 percent from one...
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3 Reasons Why Morgan Stanley Says Palo Alto Is A Software Standout
Tuesday, February 27, 2018 - 12:13pm | 419Read More...Palo Alto Networks Inc (NYSE: PANW) reported second-quarter results after the close Monday that not only included a top-and-bottom-line beat, but "[throw] cold water" on the case against owning the stock, according to Morgan Stanley. The Analyst Morgan Stanley's Keith Weiss...
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With Workday Shares Up 26% YTD, BofA Projects Further Upside
Monday, February 26, 2018 - 3:25pm | 480Read More...Workday Inc (NASDAQ: WDAY) is likely to have a solid beat-and-raise quarter when it reports its fiscal 2018 fourth-quarter results after the market close Tuesday, said a Bank of America Merrill Lynch analyst. The Analyst BofA's Kash Rangan reiterated a Buy rating on Workday shares...
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Imperial Capital: MINDBODY Has The Keys To Success
Friday, February 23, 2018 - 12:44pm | 399Read More...MINDBODY Inc (NASDAQ: MB), a provider of cloud-based business management software for the wellness services industry, reported quarterly results Thursday that showed the company reversing a loss one year ago to a profit on a non-GAAP basis. The Analyst Imperial Capital analyst George Kelly...
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Luxoft's Uncertainty Will Continue; Cowen Downgrades
Wednesday, February 14, 2018 - 3:56pm | 373Read More...Luxoft Holding Inc (NASDAQ: LXFT) announced Tuesday its fiscal third quarter results, which included an earnings per share beat and a miss on the revenue line. The company slashed its sales outlook for the year from $920 million to a range of $900 to $905 million and its EPS outlook was also...
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Jefferies Downgrades Symantec, Says Guidance Is 'Unachievable'
Thursday, January 18, 2018 - 4:31pm | 385Read More...The honeymoon for cybersecurity name Symantec Corporation (NASDAQ: SYMC) is over, according to a Jefferies analyst. The Analyst Jefferies analyst John DiFucci downgraded shares of Symantec from Hold to Underperform and lowered the price target from $30 to $23. The Thesis Symantec...
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Appian's Multiple And Fundamentals Are Mismatched, Goldman Says In Downgrade
Thursday, January 18, 2018 - 12:00pm | 420Read More...Software developer Appian Corp (NASDAQ: APPN), which provides low-code software development platform as a service for organizations to develop applications, are poised to decline by nearly half over the next 12 months, according to Goldman Sachs. The Analyst Goldman Sachs analyst Jesse Hulsing...
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Analyst: SilverSun Technologies on Track For 10% Revenue Growth, 66% EPS Lift
Wednesday, January 10, 2018 - 12:16pm | 417Read More...SilverSun Technologies Inc (NASDAQ: SSNT) has impressed an analyst at WestPark Capital with a "robust" pipeline and market share opportunity. The Analyst WestPark Capital analyst Ishfaque Faruk initiated coverage of SilverSun with an Outperform rating and $7 price target. The Thesis...
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Oppenheimer Names Nutanix A 2018 Top Pick, Lays Out Bull Case
Tuesday, January 9, 2018 - 3:51pm | 455Read More...With the market extending its bull run, here's a recommendation from Oppenheimer for riding the rally. The Analyst Analyst Ittai Kidron named Nutanix Inc (NASDAQ: NTNX) as one of his top 2018 picks on the view that the market still underappreciates the company's shift to a...
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Workday Has 'Breakout Potential' In 2018, KeyBanc Says In Upgrade
Thursday, January 4, 2018 - 2:00pm | 490Read More...The finance and human resources software provider Workday Inc (NASDAQ: WDAY) has the potential for a breakout in 2018, according to KeyBanc Capital Markets. The Analysts KeyBanc Capital Markets analyst Brent Bracelin upgraded Workday from Sector Weight to Overweight with a $131 price...
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KeyBanc Downgrades Tableau Software To Reflect 'More Balanced' Risk-Reward
Thursday, January 4, 2018 - 12:10pm | 411Read More...After a nearly 65-percent return in 2017, one notable Wall Street analyst is ready to call an end to Tableau Software Inc (NYSE: DATA)'s bull run. The Analyst KeyBanc Capital Markets' Brent Bracelin downgraded Tableau Software's stock from Overweight to Sector Weight with no...
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This Analyst Let Go Of Luxoft Misgivings And Issued An Upgrade
Tuesday, December 5, 2017 - 12:31pm | 452Read More...A KeyBanc analyst's skepticism surrounding the prospects for custom software development company Luxoft Holding Inc (NYSE: LXFT) was allayed amid an abatement in Luxoft's customer concentration. The Analyst KeyBanc Capital Markets analyst Arvind Ramnani upgraded shares of Luxoft from...
















