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Model N Has Happy Customers And Good Pipeline Momentum, Oppenheimer Says
Tuesday, March 26, 2019 - 12:41pm | 299Conversations with customers indicate Model N Inc’s (NYSE: MODN) products are “entrenched, difficult to replace, and considered mission-critical,” according to Oppenheimer. The Analyst Oppenheimer’s Koji Ikeda maintains an Outperform rating on Model N, with the price target...
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Oppenheimer Optimistic On BlackLine's Growth Strategy, Market Positioning
Thursday, March 21, 2019 - 2:39pm | 364Conversations with customers and partners indicate that Blackline Inc (NASDAQ: BL)'s vision and technology are aligned with end-market demand, according to Oppenheimer. The Analyst Oppenheimer’s Koji Ikeda maintains a Perform rating on BlackLine. The Thesis BlackLine recently...
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Coupa Software Analysts Bullish After Q4 Print; Raymond James Sees Large-Cap Potential
Tuesday, March 12, 2019 - 2:51pm | 443Coupa Software Inc (NASDAQ: COUP) reported forecast-beating fourth-quarter results Monday but issued disappointing guidance, dragging its shares lower. The Analyst Oppenheimer analyst Koji Ikeda reiterated an Outperform rating and hiked the price target from $85 to $100. Raymond James analyst...
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Analysts Bullish After Yext Beats Q4 Expectations
Thursday, March 7, 2019 - 12:56pm | 393Yext Inc (NYSE: YEXT) reported solid fourth-quarter results Wednesday, with revenue and EPS ahead of consensus expectations. The company posted FY20 revenue guidance in-line with the Street, while its non-GAAP EPS came in below expectations. The Analysts Oppenheimer’s Koji Ikeda...
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Oppenheimer Raises SPS Commerce Price Target On Solid Results, Guidance Beat
Wednesday, February 13, 2019 - 1:25pm | 349SPS Commerce, Inc. (NASDAQ: SPSC) reported delivered solid 4Q results Tuesday and issued above-consensus 2019 guidance. The quarter highlighted consistently good execution, with EBIDTA margin expansion and recurring customer adds, and the company also completed the acquisition of...
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Analysts Commend HubSpot's Growth, Product Momentum, Lift Price Targets After Q4 Print
Wednesday, February 13, 2019 - 12:34pm | 644HubSpot 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...
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Zendesk's Momentum Should Continue In 2019, Oppenheimer Says
Wednesday, February 6, 2019 - 12:41pm | 379Zendesk Inc (NYSE: ZEN) reported solid fourth-quarter results Tuesday while announcing mixed guidance for Q1 and the full year. The software company exhibits strong business fundamentals, and favorable data points suggest the momentum is likely to continue in 2019, according to Oppenheimer....
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Oppenheimer Upgrades LivePerson, Names 5 Catalysts For Future Growth
Thursday, January 24, 2019 - 5:28pm | 428The street is overlooking LivePerson, Inc. (NASDAQ: LPSN)’s mobile commerce opportunity, according to a new analyst report. The Analyst Oppenheimer analyst Koji Ikeda upgraded LivePerson from Perform to Outperform and set a $31 price target. The Thesis LivePerson is well-positioned...
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Oppenheimer Praises HubSpot's Execution, Downgrades On Valuation
Thursday, January 24, 2019 - 3:20pm | 334Although HubSpot Inc (NYSE: HUBS) is a great business with an excellent track record of execution, the stock is now trading at a significant premium to peers and already reflects the company’s future success, according to Oppenheimer. HubSpot shares have appreciated around 225 percent...
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Now And Zen: Oppenheimer Waits For Better Entry Point In Zendesk
Thursday, January 24, 2019 - 11:02am | 411Zendesk Inc (NYSE: ZEN) is a "fast-growing, best-of-breed SaaS company" that is gaining market share in the customer engagement category, according to Oppenheimer. The company has expanded its product portfolio and has an installed base that offers monetization opportunities, in the sell-...
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Oppenheimer On SPS Commerce: CovalentWorks Acquisition Will Be Accretive
Thursday, December 20, 2018 - 1:45pm | 313SPS Commerce, Inc. (NASDAQ: SPSC) announced the acquisition of CovelantWorks for about $23 million. The company expects the acquisition to be accretive to its 2019 revenue by about $4.5 million, according to Oppenheimer. The Analyst Oppenheimer’s Koji Ikeda maintains an Outperform rating on...
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Sell-Side Largely Bullish On Coupa Software After Q3 Beat-And-Raise
Tuesday, December 4, 2018 - 2:08pm | 688Coupa 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...
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Analysts React To Autodesk's Earnings Beat
Wednesday, November 21, 2018 - 12:26pm | 398Autodesk, Inc. (NASDAQ: ADSK) stock is trading higher by 8 percent after the company reported better-than-expected third-quarter earnings and issued fourth-quarter guidance ahead of Wall Street estimates. Autodesk reported adjusted Q3 EPS of 29 cents on revenue of $660.9 million. Analysts has...
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The Pros, The Cons And The Bottom Line In Salesforce's Q1 Earnings Report
Friday, May 19, 2017 - 12:28pm | 551Salesforce.com, inc. (NYSE: CRM) reported strong sales performance metrics, robust deals activity and had a solid quarter that beat and raised its 2018 fiscal year revenue target. Oppenheimer analysts Brian Schwartz and Koji Ikeda have an Outperform rating on salesforce and raised the price target...
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Adobe's Slowing Digital Marketing Could Be An Overhang
Wednesday, June 22, 2016 - 12:24pm | 259Oppenheimer believes Adobe Systems Incorporated (NASDAQ: ADBE)'s slowing digital marketing could be a worry factor though the company delivered strong second quarter results. The brokerage has a rating of Perform on the stock. The analysts said, "We maintain a Perform rating on a...