Brian Peterson

Shopify Inc (NYSE: SHOP) reported some impressive holiday sales numbers, but the stock took a big hit after guidance fell short of the market’s expectations. Shopify revenue was up 54.3 percent to $343.86 million in the fourth quarter. But with shares up 30 percent year-to-date, traders took...

RingCentral, Inc. (NYSE: RNG) reported fourth-quarter results Monday, which prompted Oppenheimer and Raymond James to turn incrementally bullish on the stock. The Analysts Oppenheimer's Brian Schwartz maintains an Outperform rating on RingCentral with a price target lifted from $101 to $117....

​HubSpot Inc (NYSE: HUBS), a cloud-based marketing and sales software platform, reported Tuesday after the close with forecast-beating fourth-quarter results and fairly positive Q2 and FY19 guidance. The Analysts Raymond James analyst Brian Peterson maintained an Outperform rating on...

Paylocity Holding Corp (NASDAQ: PCTY), a provider of cloud-based payroll processing and human resource management software, reported second-quarter earnings per share and revenue figures Wednesday that were ahead of expectations. The Analysts Guggenheim Securities analyst Nandan Amladi...

Instructure Inc (NYSE: INST) enjoys a strong competitive positioning, with win rates for its Canvas learning management system improving in 2018 to 80 percent, according to Raymond James. The Analyst Analyst Brian Peterson downgraded Instructure from Strong Buy to Outperform and maintained a $...

Coupa Software Inc (NASDAQ: COUP) unexpectedly swung to a profit in the third quarter on the basis of 42-percent revenue growth. The company issued upbeat Q4 guidance and raised its full-year outlook.  The Analysts Raymond James analyst Brian Peterson reiterated an Outperform rating on...

Veeva Systems Inc (NYSE: VEEV), a cloud solution provider for the global life sciences industry, reported Wednesday with third-quarter results that came in better than expected and an encouraging look at the coming fiscal year.   The Analysts Morgan Stanley's Stan Zlotsky maintains an...

Cloud content management and file sharing services company Box Inc (NYSE: BOX) reported third-quarter results Wednesday after the market close. Box posted 21-percent year-over-year revenue growth and a narrower loss in Q3. The company issued upbeat guidance for Q4 as well as fiscal 2019...

Salesforce.com, inc. (NYSE: CRM) reported Tuesday a top-and-bottom-line beat in its third quarter. Earnings came in at 61 cents per share, beat estimates by 11 cents while sales of $3.392 billion beat $3.37 billion estimates. Here is a summary of how some of the Street's top analysts reacted to...

Shopify Inc (NASDAQ: SHOP) shares were surging Monday after news broke that the company acquired Tictail, an e-commerce platform focused on smaller brands. Raymond James analyst Brian Peterson said that while no financial details for the transaction were disclosed, Stockholm-based Tictail has...

Software provider Blackbaud, Inc. (NASDAQ: BLKB) made a negative pre-announcement Monday after the close, lowering its non-GAAP revenue, operating margin, EPS as well as free cash flow guidance for 2018. The Analysts Stifel analyst Tom Roderick downgraded shares of Blackbaud from Buy to...

Salesforce.com (NYSE: CRM) reported second-quarter earnings Wednesday with a strengthened focus on customer experience and 20-percent organic billings growth. The Analysts Morgan Stanley analyst Keith Weiss maintained an Overweight rating on Salesforce with a $178 price target.  Stifel...

Cloud storage provider Box Inc (NYSE: BOX) reported Tuesday its second-quarter results, which showed multiple concerning metrics, including a slowdown in billings growth and a slightly weak outlook for the third quarter. The Analyst KeyBanc Capital Markets' Rob Owens maintains an Overweight...

The vehicle software-as-a-service company MiX Telematics Limited - ADR (NYSE: MIXT) has developed new fundamentals that improve the stock’s allure, according to Raymond James.  The Analyst Analyst Brian Peterson upgraded Mix Telematics from Outperform to Strong Buy...

Raymond James upgraded shares of Box Inc (NYSE: BOX), as it believes the risk/reward for the shares look compelling at current levels. The firm thinks investors have largely ignored the company's impressive progress on improving profitability, while sustaining 20–30 percent revenue growth....