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UPDATE: Stifel Reiterates On TriNet Group Following Solid 2Q Results
Tuesday, August 5, 2014 - 9:06am | 98In a report published Tuesday, Stifel analyst David Grossman reiterated a Buy rating on TriNet Group (NYSE: TNET), and raised the price target from $28.00 to $31.00. In the report, Stifel noted, “Last night, TNET reported solid 2Q results. Net revenue of $124.8 (+20% y/y) exceeded consensus ($120....
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UPDATE: Stifel Reiterates on Automatic Data Processing Following Management Meetings
Monday, March 10, 2014 - 9:31am | 165In a report published Monday, Stifel analyst David Grossman reiterated a Buy rating on Automatic Data Processing (NASDAQ: ADP), and raised the price target from $82.00 to $88.00. In the report, Stifel noted, “We recently traveled with CFO ADP Jan Siegmund and their IR team. Our meetings reinforced...
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UPDATE: Stifel Reiterates on Accenture Following Solid F2Q Report
Friday, December 20, 2013 - 9:22am | 162In a report published Friday, Stifel analyst David Grossman reiterated a Buy rating on Accenture (NYSE: ACN), and raised the price target from $86.00 to $92.00. In the report, Stifel noted, “ACN reported F2Q results this morning before the open. Revenue of $7.4bn (+3% y/y cc) beat consensus ($7....
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UPDATE: Stifel Raises PT on Sapient Corporation Following Management Lunch
Monday, December 9, 2013 - 11:22am | 157In a report published Monday, Stifel analyst David Grossman reiterated a Buy rating on Sapient Corporation (NASDAQ: SAPE), and raised the price target from $18.00 to $19.50. In the report, Stifel noted, “Late last week we hosted a lunch with CEO Alan Herrick and IR director Dean Ridlon. In sum,...
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UPDATE: Stifel Reiterates on EPAM Systems Following Formal Model Update
Monday, October 28, 2013 - 9:06am | 153In a report published Monday, Stifel analyst David Grossman reiterated a Buy rating on EPAM Systems (NYSE: EPAM), and raised the price target from $38.00 to $42.00. In the report, Stifel noted, “EPAM will report 3Q EPS on Thursday, November 7, after the close and hold a call the following morning...
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UPDATE: Stifel Lowers PT on International Business Machines Following 3Q Revenue Report
Thursday, October 17, 2013 - 12:02pm | 179In a report published Thursday, Stifel analyst David Grossman reiterated a Buy rating on International Business Machines Corp. (NYSE: IBM), but lowered the price target from $230.00 to $220.00. In the report, Stifel noted, “IBM reported 3Q revenue of $23.7bn (down 2% cc), substantially below...
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UPDATE: Stifel Nicolaus Raises PT on EPAM Systems Following Modest Revenue/EPS Beat
Monday, August 12, 2013 - 9:57am | 178In a report published Monday, Stifel Nicolaus analyst David Grossman reiterated a Buy rating on EPAM Systems (NYSE: EPAM), and raised the price target from $29.50 to $38.00. In the report, Stifel Nicolaus noted, “EPAM reported a modest revenue and EPS beat, reporting results at the high end of...
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UPDATE: Stifel Nicolaus Raises PT on Sapient Following 2Q Results Report
Wednesday, August 7, 2013 - 10:55am | 221In a report published Wednesday, Stifel Nicolaus analyst David Grossman reiterated a Buy rating on Sapient (NASDAQ: SAPE), and raised the price target from $16.00 to $18.00. In the report, Stifel Nicolaus noted, “Sapient reported last night after the close. Revenue of $314mn exceeded guidance...
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UPDATE: Stifel Nicolaus Raises PT on Computer Sciences Corp. Following F1Q Results Report
Wednesday, August 7, 2013 - 10:28am | 256In a report published Wednesday, Stifel Nicolaus analyst David Grossman reiterated a Buy rating on Computer Sciences Corp. (NASDAQ: CSC), and raised the price target from $50.00 to $58.00. In the report, Stifel Nicolaus noted, “CSC reported F1Q (Jun) last night. In sum, the company beat on EPS...
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UPDATE: Stifel Nicolaus Lowers PT on International Business Machine Ahead of Wednesday Report
Friday, July 12, 2013 - 9:15am | 186In a report published Friday, Stifel Nicolaus analyst David Grossman reiterated a Buy rating on International Business Machines (NYSE: IBM), but lowered the price target from $240.00 to $237.00. In the report, Stifel Nicolaus noted, “IBM is scheduled to report Wednesday 7/17 after the close....
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UPDATE: Stifel Nicolaus Lowers PT on Accenture Following F3Q Results
Friday, June 28, 2013 - 9:21am | 174In a report published Friday, Stifel Nicolaus analyst David Grossman reiterated a Buy rating on Accenture (NYSE: ACN) with a Buy rating, but lowered the price target from $88.00 to $86.00. In the report, Stifel Nicolaus noted, “ACN reported F3Q results last night after the close. Revenue of $7....
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Thomas Weisel Partners Rate Computer Sciences Corporation (NYSE: CSC) As Overweight Despite Possible Missed Milestone
Thursday, April 1, 2010 - 4:53pm | 228Analysts at Thomas Weisel maintain their Overweight rating for Computer Sciences Corporation (NYSE: CSC) despite a report that the company may have missed a milestone regarding its Lorenzo patient administration system. Analysts outlined the situation by stating that, “According to [a] press report...
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Thomas Weisel Partners Rates ExlService Holdings (EXLS) Overweight
Monday, March 29, 2010 - 10:43am | 199Thomas Weisel Partners analysts David Grossman, Melissa Moran and Nicole Conway rated shares of ExlService Holdings, Inc. (Nasdaq: EXLS) Overweight, with a price target of $21. The analysts said that ExlService Holdings gets 55% of its revenue from the largest companies in the insurance market but...