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The Wall Street Reaction To Salesforce's Q4 Beat
Thursday, March 1, 2018 - 5:24pm | 768Shares of salesforce.com, inc. (NYSE: CRM) hit a new all-time high of $122.47 Thursday after the company reported fourth-quarter earnings the night before. Now that the stock is up more than 40 percent over the past year, are Wall Street analysts encouraging investors to take profit off...
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Autodesk's Earnings And 15% Decline: Wall Street Reacts
Wednesday, November 29, 2017 - 3:53pm | 857Autodesk, Inc. (NASDAQ: ADSK)'s third quarter earnings report resulted in the stock notably selling off by 15 percent on Wednesday, which reinvigorated Wall Street's bull vs. bear debate on the software company. Morgan Stanley: Upside Potential Morgan Stanley's Keith Weiss...
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6 Analysts Review Salesforce's 'Strong' Q3
Wednesday, November 22, 2017 - 2:02pm | 1014salesforce.com, inc. (NYSE: CRM) reported third quarter earnings and guidance Tuesday. Here's a recap of what some of Wall Street's top analysts are saying after the print: 'Good Place To Be In 2018' Canaccord Genuity's Richard Davis maintains a Buy rating on...
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Is The Sell-Side Getting On Board With The Workday Story Now?
Thursday, August 31, 2017 - 3:38pm | 523Workday Inc (NYSE: WDAY)'s earnings report Wednesday helped boost shares to a new 52-week high of $111.45 Thursday but wasn't good enough to win over some of Wall Street's skeptics. Credit Suisse's Michael Nemeroff maintains a Neutral rating on Workday's stock, with a price target boosted from $94...
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Preparing For Workday's Q2 Results
Sunday, August 27, 2017 - 3:56pm | 329Workday Inc (NYSE: WDAY) is scheduled to report its second-quarter results on Aug. 30, and analysts at Credit Suisse are expecting the company to report "at least" an in-line quarter. The firm's Michael Nemeroff maintains a Neutral rating on Workday's stock with an unchanged $94 price target....
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What Are Wall Street's Top Analysts Saying About Microsoft Post Q4?
Friday, July 21, 2017 - 3:18pm | 884Shares of Microsoft Corporation (NASDAQ: MSFT) were trading lower by around 0.50 percent Friday afternoon after the company reported its fiscal fourth-quarter results. Here is a roundup of what some of Wall Street's top analysts are saying after the print. Wells Fargo: Strong Execution Microsoft...
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Adobe Hit A New High, But Are Analysts Impressed?
Friday, June 23, 2017 - 8:39am | 786Shares of Adobe Systems Incorporated (NASDAQ: ADBE) hit a new all-time high of $147.45 Wednesday after impressing investors with its earnings report. But are Wall Street analysts equally bullish on the company? Credit Suisse: Continued Momentum Adobe reported a strong earnings report in which...
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Adobe's Q2 Earnings: Expect Creative Cloud Unit To Drive Strength
Monday, June 19, 2017 - 4:06pm | 268Analysts at Credit Suisse maintained an Outperform rating and $150 price target on Adobe Systems Incorporated (NASDAQ: ADBE) ahead of Tuesday's earnings report. Credit Suisse's Michael Nemeroff is expecting Adobe to report revenue of at least $1.731 billion, which represents a 23.8 percent...
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Ooma Q1 Disappoints, Credit Suisse Downgrades Until Execution Improves
Wednesday, May 24, 2017 - 9:32am | 308Shares of Ooma Inc (NYSE: OOMA), a provider of voice-over-IP calling, plummeted more than 28 percent after the company's first-quarter earnings report and forward looking guidance failed to impress investors and analysts. One analyst that was unimpressed by the report is Credit Suisse's...
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Intuit's Q3 Proves The Company Can Continue Positive Growth, Says Credit Suisse
Wednesday, May 24, 2017 - 9:10am | 319Shares of Intuit Inc. (NASDAQ: INTU) gained more than 8 percent after the financial management solutions provider reported its fiscal third-quarter earnings report. Following the report, Credit Suisse's Michael Nemeroff maintained an Outperform rating on Intuit's stock with a price target...
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Credit Suisse Upgrades Adobe To Outperform On Cloud Strength, Momentum Expectations
Friday, March 24, 2017 - 9:36am | 367“We upgrade shares of Adobe Systems Incorporated (NASDAQ: ADBE) to Outperform from Neutral, given our expectations for continued momentum in its highly profitable Creative Cloud business that we expect will lead to stronger than expected operating cash flows over the next few years,”...
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Analyst: Good Q1 For Adobe, But Valuation Already Reflects Most Potential For Growth
Friday, March 17, 2017 - 12:51pm | 311Credit Suisse remains Neutral-rated on Adobe Systems Incorporated (NASDAQ: ADBE) despite better-than-expected first quarter results and solid guidance for the second quarter. Adobe Reports Q1 Adj. EPS $0.94 vs $0.87 Est., Sales $1.68B vs $1.65B Est. Sees Q2 Sales ~$1.73B vs $1.72B Est., Adj...
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Photoshop Expert Gives Opinions On Adobe Creative Users
Monday, October 31, 2016 - 10:21am | 305One of the best ways to gauge a company's outlook is to reach out and speak with clients. This is exactly what UBS' Brent Thill did to gain a better understanding of Adobe Systems Incorporated (NASDAQ: ADBE)'s business. Thill hosted Photoshop expert and president of the largest Photoshop user group...
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How The Launch Of Facebook Workplace Will Impact Jive Software
Monday, October 17, 2016 - 11:11am | 366Following the launch of Workplace by Facebook Inc (NASDAQ: FB) last week, Credit Suisse said it sees the development as posing competitive threat to Jive Software Inc (NASDAQ: JIVE). Facebook's Workplace Workplace, formerly known as Facebook at Work, is an enterprise-focused version of its...
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Everbridge Is A Lifesaver, Literally
Tuesday, October 11, 2016 - 1:09pm | 365Credit Suisse sees more than 30 percent upside potential in Everbridge, Inc. (NASDAQ: EVBG) shares, citing its leadership position in the comprehensive enterprise communication software platform. The firm initiated the stock with an Outperform rating and a price target of $21. Analysts Michael...