-
Microsoft's Cloud-Powered Q1 Results Prompt Analysts To Lift Price Target
Wednesday, October 27, 2021 - 5:27pm | 868Microsoft Corporation (NASDAQ: MSFT) shares rallied out of the gate Wednesday following the release of its quarterly results. The Microsoft Analysts: Stifel analyst Brad Reback maintained a Buy rating and increased the price target from $325 to $380. BofA Securities Brad Sills reiterated a...
-
Autodesk Is 'Tracking For Sustainable Long Term Growth,' Rosenblatt Says
Tuesday, June 8, 2021 - 11:52am | 275Autodesk, Inc. (NASDAQ: ADSK) has entered a period of stable growth, having almost completed its transition to a recurring revenue model, according to Rosenblatt Securities. The Autodesk Analyst: Blair Abernethy initiated coverage of Autodesk with a Buy rating and a price target of $320. The...
-
5 Splunk Analysts Break Down SaaS Company's Q1 Earnings, Guidance
Thursday, June 3, 2021 - 4:59pm | 999Shares of cloud-based data analytics company Splunk Inc. (NASDAQ: SPLK) retreated Thursday following the release of its first-quarter results. The Splunk Analysts: Needham analyst Jack Andrews maintained a Buy rating on Splunk and lowered the price target from $265 to $198. Rosenblatt...
-
Why Elastic Is Trading Higher Today
Thursday, June 3, 2021 - 8:39am | 348Elastic NV (NYSE: ESTC) is trading higher Thursday morning after the company announced better-than-expected financial results. What Happened: Elastic reported a quarterly earnings loss of 8 cents, which beat the estimate for a loss of 16 cents. The company reported quarterly revenue of $177.6...
-
Why Jon Najarian Is Bullish On Snowflake
Thursday, May 27, 2021 - 3:24pm | 481Jon Najarian is bullish on Snowflake Inc (NYSE: SNOW) after earnings, he said Thursday on CNBC's "Fast Money: Halftime Report." What Happened: Snowflake reported an earnings loss of 70 cents, which missed the estimate for a loss of 16 cents. The company reported quarterly...
-
Why This Snowflake Stock Analyst Is Bullish Ahead Of Q1 Print
Tuesday, May 18, 2021 - 11:56am | 287Snowflake Inc (NYSE: SNOW) could meet or exceed expectations when it reports fiscal first-quarter results after the close Wednesday, according to Rosenblatt Securities. The Snowflake Analyst: Blair Abernethy upgraded Snowflake from Neutral to Buy with an unchanged $285 price target....
-
4 Snowflake Analyst On Q4 Results: 'A New Enterprise Data Cloud Platform Of Choice'
Thursday, March 4, 2021 - 5:54pm | 679Cloud-based data warehousing company Snowflake Inc. (NASDAQ: SNOW) reported fourth-quarter revenue Wednesday that more than doubled from a year ago and a loss that narrowed from the year-ago quarter. The full-year revenue guidance was about in-line with estimates. The Snowflake Analysts:...
-
Why Rosenblatt Is Bullish On Splunk, Dynatrace
Thursday, December 17, 2020 - 4:00pm | 485Rosenblatt Securities initiated coverage of software stocks Splunk Inc (NASDAQ: SPLK) and Dynatrace Inc (NYSE: DT) with bullish ratings Thursday. The Analyst: Blair Abernethy initiated coverage of Splunk with a Buy rating and $196 price target. The analyst also initiated coverage of Dynatrace...