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Be A Buyer Of Splunk On Weakness
Thursday, March 2, 2017 - 11:23am | 291Read More...Splunk Inc (NASDAQ: SPLK) is undergoing a business and sales transition, which may cause fluctuations in its near-term results. “We believe these are sound long term moves that will drive higher long term revenue growth and would be a buyer on weakness in the stock,” Bernstein’s...
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VMware's New Class V Stock Examined By Bernstein
Tuesday, July 26, 2016 - 8:45am | 310Read More...VMware, Inc. (NYSE: VMW) shares are likely to continue to be under pressure at least until the deal between Dell and EMC Corporation (NYSE: EMC) potentially closes, Bernstein’s Mark L. Moerdler said in a report. He maintained a Market-Perform rating on the company, with a price target of $...
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Bernstein Analysts Don't See Amazon Web Services Putting Oracle Out Of The Cloud Business
Thursday, July 14, 2016 - 10:06am | 317Read More...The actual cost saving of using Amazon.com, Inc. (NASDAQ: AMZN) AWS Aurora versus “old world” databases like that offered by Oracle Corporation (NYSE: ORCL) is 31-39 percent, Bernstein’s Mark L. Moerdler said in a report. He maintained an Outperform rating on Oracle, with a...
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Adobe Price Target Raised To $103 At Bernstein: Here's Why
Monday, July 6, 2015 - 10:53am | 278Read More...In a report published Monday, Bernstein analyst Mark L. Moerdler maintained an Outperform rating on Adobe Systems Incorporated (NASDAQ: ADBE), while raising the price target from $93 to $103. The company completed the acquisition of online multimedia marketplace, Fotolia, in Q1, while launching its...
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Bernstein Research Reiterates on Citrix Systems on Position to Benefit from Mobile Computing Trend
Thursday, November 14, 2013 - 11:27am | 104Read More...In a report published Thursday, Bernstein Research analyst Mark L. Moerdler reiterated an Outperform rating and $84.00 price target on Citrix Systems (NASDAQ: CTXS). In the report, Bernstein Research noted, “We believe Citrix is among the best positioned major software companies to benefit from...
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Bernstein Research Reiterates Underperform on salesforce.com on Expected Slow Growth
Wednesday, August 28, 2013 - 11:00am | 153Read More...In a report published Wednesday, Bernstein Research analyst Mark L. Moerdler reiterated an Underperform rating and $29.00 price target on salesforce.com (NYSE: CRM). In the report, Bernstein Research noted, “Salesforce.com's stock prices-in sustained strong growth and significant margin expansion...
