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Is Microsoft-LinkedIn 'Creating The Facebook For The Enterprise?'
Tuesday, June 14, 2016 - 8:15am | 318On June 13, Microsoft Corporation (NASDAQ: MSFT) announced that it intended to acquire LinkedIn Corp (NYSE: LNKD) for $196 per share or $26.2 billion in cash. Goldman Sachs’ Heather Bellini maintains a Neutral rating on Microsoft, with a price target of $56. The Deal “The proposed deal...
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Which Companies Are Winning The Cloud Services War?
Friday, June 10, 2016 - 1:36pm | 367The cloud has emerged as the newest massive multi-billion-dollar growth frontier in the tech space. Now that the dust has completely settled on Q1, Goldman Sachs analyst Heather Bellini took a look back at which companies are dominating the cloud market and which companies are on the rise. In terms...
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For Oracle, The Tide Is Starting To Turn -Goldman Sachs
Friday, June 10, 2016 - 9:29am | 302Oracle Corporation (NYSE: ORCL) is scheduled to report its F4Q16 results on June 16. Goldman Sachs’ Heather Bellini maintains a Buy rating on the company and reiterated a price target of $48. What To Expect For 4Q Taking into account the impact of FX, Bellini now expects the company to report...
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Don't Expect Surprises Or Catalysts In the Short Term For Adobe
Thursday, June 9, 2016 - 10:31am | 256Goldman Sachs’ Heather Bellini believes there is a lack of catalysts that could drive the shares of Adobe Systems Incorporated (NASDAQ: ADBE) higher. Bellini maintains a Neutral rating on the company, with a price target of $100. What 2Q Holds In Store The company is scheduled to report is...
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Goldman Sachs Raises Workday Price Target, Focused On 2017 Growth
Wednesday, June 1, 2016 - 10:04am | 250Workday Inc (NYSE: WDAY) reported its F4Q16 results, with the revenue and EPS ahead of the consensus expectations. Goldman Sachs’ Heather Bellini maintained a Neutral rating on the company, while raising the price target from $71 to $80. Beat Quarter Workday reported a 38 percent year...
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Goldman: Salesforce Executing On Sales Strategy
Thursday, May 19, 2016 - 7:25am | 190Salesforce.com, inc. (NYSE: CRM)'s price target was raised from $99 to $105 by Goldman Sachs following the company's FY Q1 2017 results. Salesforce is currently on Goldman's Conviction Buy List. Analyst Heather Bellini writes, "We continue to believe this strength is driven by...
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Goldman On Facebook: Meet The New Boss, Same As The Old Boss
Thursday, April 28, 2016 - 9:28am | 253Goldman Sachs’ Heather Bellini mentioned that Facebook Inc (NASDAQ: FB) reported robust 1Q results, on the back of “mixed data points and investor concerns on the health of ad spend going into the print.” Bellini maintains a Buy rating on the company, while raising the price...
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Goldman Cuts Microsoft's Price Target To $57, Remains Neutral-Rated
Friday, April 22, 2016 - 8:32am | 265Microsoft Corporation (NASDAQ: MSFT) reported in-line Q3 results, and announced Q4 guidance below expectations. Goldman Sachs’ Heather Bellini maintained a Neutral rating for the company, while reducing its price target from $57 to $54. The analyst commented that Microsoft was working...
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Goldman On Microsoft Ahead Of Q3 Results: The Song Remains The Same
Friday, April 15, 2016 - 10:18am | 316Microsoft Corporation (NASDAQ: MSFT) is scheduled to report its F3Q16 results on April 21. Goldman Sachs’ Heather Bellini maintained a Neutral rating for the company, with a price target of $57. Analyst Heather Bellini expects Microsoft to report its F3Q16 revenue at $22.1bn, representing...
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Goldman Removes Mimecast From 'Buy' List, Downgrades To Neutral
Friday, April 15, 2016 - 7:47am | 278Competition for Mimecast Ltd (NASDAQ: MIME) has intensified significantly, especially from large email incumbents. Goldman Sachs’ Heather Bellini downgraded the rating for the company from Buy to Neutral, while reducing the price target from $12 to $10.50. “Our Buy was based on MIME...
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Goldman Previews Facebook's Q1 Earnings: 'Seeing The Forest For The Trees'
Thursday, April 14, 2016 - 8:59am | 278Facebook Inc (NASDAQ: FB) is scheduled to report its 1Q16 results on April 27. Goldman Sachs’ Heather Bellini maintained a Buy rating on the company, with a price target of $130. 1Q16 Expectations Bellini expects the company to report 50 percent year-on-year growth in total revenues, with...
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YouTube And Mobile Will Drive Alphabet's Q1 Earnings, Says Goldman Sachs
Thursday, April 14, 2016 - 7:39am | 275Alphabet Inc (NASDAQ: GOOGL) is scheduled to report its 1Q16 results on April 21. Goldman Sachs’ Heather Bellini maintained a Buy rating on the company, with a price target of $890. Bellini expects Alphabet to report net revenue (ex-TAC) of $16.7 billion, with non-GAAP EPS of $8.07,...
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Goldman Still Neutral On Adobe Despite Beat, Sees No Coming Catalysts
Friday, March 18, 2016 - 11:42am | 204Goldman Sachs’ Heather Bellini maintained a Neutral rating for Adobe Systems Incorporated (NASDAQ: ADBE), while raising the price target from $60 to $64, after the company reported robust 1Q16 results. The analyst believes that there are no near-term catalysts. Adobe Systems reported 1Q16...
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Goldman Is Buying Alphabet, Sets $890 Target
Tuesday, February 2, 2016 - 11:38am | 290Goldman Sachs issued an update on Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) after the company reported 4Q15 earnings of $8.67 that exceeded Wall Street expectations of $8.09. The firm reiterated its Buy rating and raised the price target from $850 to $890. Shares traded recently at $804.50,...
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Goldman Starts Rackspace At Neutral As Co. 'Still In The Midst Of Its Pivot'
Monday, December 21, 2015 - 9:20am | 260The share price of Rackspace Hosting, Inc. (NYSE: RAX) has declined 46.78 percent year-to-date, falling close to its 52-week low on October 1 at $24.03. Goldman Sachs’ Heather Bellini has initiated coverage of the company with a Neutral rating and price target of $27. Bellini...