-
DocuSign Shares Down Despite Upbeat Q2 Print: What 4 Analysts Think
Friday, September 8, 2023 - 11:18am | 591Read More...Shares of DocuSign Inc (NASDAQ: DOCU) tanked in early trading on Friday, even after the company reported upbeat fiscal second-quarter earnings. The results came amid an exciting earnings season. Here are some key analyst takeaways from DocuSign’s earnings release. RBC Capital Markets On...
-
Snowflake Analyst Gives Stock Outperform Rating, But Cautions Near-Term Volatility
Friday, March 26, 2021 - 12:02pm | 291Read More...Data cloud company Snowflake (NYSE: SNOW) stands out as one of the select few software companies that face a large growth opportunity, according to Evercore ISI. The Snowflake Analyst: Kirk Materne initiated coverage of Snowflake's stock with an Outperform rating and $311 price target. The...
-
Oracle 'Lacks Catalysts To Drive Re-Rate,' Evercore ISI Says In Downgrade
Wednesday, October 3, 2018 - 1:55pm | 310Read More...One analyst moved to the sidelines on Oracle Corp. (NYSE: ORCL), as the risk-reward is more balanced and the company demonstrates little change in disclosures and cloud strategy after a summer rally. The Analyst Evercore ISI's Kirk Materne on Oct. 1 downgraded Oracle from Outperform to In Line...
-
Salesforce Approached By Potential Acquirer? Here Are What Analysts Previously Said
Wednesday, April 29, 2015 - 3:47pm | 470Read More...Shares of salesforce.com, inc. (NYSE: CRM) spiked to new 52-week highs of $78.46 on Wednesday after reports surfaced the company was approached by a potential buyer. Chatter of a Salesforce acquisition has surfaced in the past with names such as Oracle Corporation (NYSE: ORCL) or International...
-
Evercore ISI Casts Doubt On Rumored Salesforce Acquisition By Oracle
Thursday, April 23, 2015 - 1:09pm | 207Read More...An acquisition of Salesforce.com, Inc. (NYSE: CRM) by Oracle Corporation (NYSE: ORCL) is an old and extremely unlikely rumor, an analyst told Benzinga Thursday. The unsourced rumor surfaced most recently via a StockTwits comment by the anonymous "Open Outcrier." But Evercore ISI's Kirk Materne told...
-
Concur Technologies, Inc. Deal Could Set Off Merger 'Wave'
Friday, September 19, 2014 - 1:43pm | 230Read More...Concur Technologies, Inc.'s (NASDAQ: CNQR) agreement to be acquired for $7.36 billion by SAP SE (NYSE: SAP) could drive the share value of competitors, a number of analysts said Friday. The deal could touch off “another consolidation wave" among subscription software providers,...
-
Microsoft 'Doubles Down' On Gaming With 'Minecraft' Purchase
Monday, September 15, 2014 - 4:32pm | 715Read More...Microsoft Corporation (NASDAQ: MSFT) has agreed to acquire Mojang, the company behind the popular "Minecraft" franchise, for $2.5 billion. The deal was confirmed when Mojang published a blog entitled, "Yes, we're being bought by Microsoft." "I think it makes sense...
-
UPDATE: Evercore Upgrades Informatica
Monday, July 14, 2014 - 12:57pm | 99Read More...Evercore analyst Kirk Materne upgraded Informatica (NASDAQ: INFA) from Equal-weight to Overweight and reiterated a $43 price target. Materne views the current risk/reward of Infomatica attractively based on the revenue mix now focusing more on faster growing products and less on extract,...
-
UPDATE: Evercore Group Reiterates on Microsoft as Risk/Reward Remains Attractive at Current Levels
Wednesday, November 27, 2013 - 11:36am | 294Read More...In a report published Wednesday, Evercore Group analyst Kirk Materne reiterated an Overweight rating on Microsoft Corporation (NASDAQ: MSFT), and raised the price target from $38.00 to $45.00. In the report, Evercore Group noted, “Risk/reward at current levels remains attractive independent of...
-
UPDATE: Evercore Upgrades The Ultimate Software Group on Compelling SMID-Cap SaaS Name With Growth and Margins
Wednesday, October 16, 2013 - 10:42am | 172Read More...In a report published Wednesday, Evercore analyst Kirk Materne upgraded the rating on The Ultimate Software Group (NASDAQ: ULTI) from Equal-Weight to Overweight, and named a $165.00 price target. In the report, Evercore noted, “As part of our assumption of coverage we are upgrading shares of...
