-
Adobe's Guidance Not Good Enough For A Premium Valuation
Wednesday, September 21, 2016 - 8:55am | 368Read More...Adobe Systems Incorporated (NASDAQ: ADBE) reported its FQ3:16 revenue and EPS ahead of the estimates and the consensus. Credit Suisse’s Michael Nemeroff maintains a Neutral rating on the company, with a price target of $105. FQ3 Results Adobe Systems reported its total revenue for FQ3:16 at $...
-
Credit Suisse Reinstates Outperform On Callidus Software, Views Recent Stock Offering Positively
Monday, September 19, 2016 - 10:27am | 321Read More...Credit Suisse has resumed coverage of Callidus Software Inc. (NASDAQ: CALD) with an Outperform rating and $22 price target, as it is positive on the company's recent secondary offering. Lead analyst Michael Nemeroff views the offering as helping the company make technology acquisitions to boost its...
-
Intuit's Q4 Reviewed By Credit Suisse
Wednesday, August 24, 2016 - 9:48am | 307Read More...Intuit Inc. (NASDAQ: INTU) reported healthy Q4 results, ahead of expectations, while announcing slightly disappointing guidance. Credit Suisse’s Michael Nemeroff maintained a Neutral rating on the company, with a price target of $100. Results Healthy Intuit reported its FQ4 total...
-
Shopify's Offering Is 'More Cash For Its Shopping Cart,' Credit Suisse Says
Thursday, August 18, 2016 - 7:27am | 329Read More...Shopify Inc’s (NYSE: SHOP) recent secondary offering seems to be a positive, since it offers the company “increased flexibility to fund future growth strategies,” Credit Suisse’s Michael Nemeroff said in a report. He resumed coverage of the company with an Outperform...
-
Credit Suisse Expects A Strong Q2 From Alarm
Monday, August 15, 2016 - 10:12am | 266Read More...AlarmCom Hldg Inc (NASDAQ: ALRM) is scheduled to report its Q2 results on August 15, after market close. The company is likely to post its results in-line with or ahead of expectations, Credit Suisse’s Michael Nemeroff said in a report. He maintained an Outperform rating on the company,...
-
Adobe Might Not Have Done Enough This Quarter
Wednesday, June 22, 2016 - 11:55am | 306Read More...Shares of Adobe Systems Incorporated (NASDAQ: ADBE) fell more than 4 percent after the software maker's reported revenue for the second quarter as well as the guidance for the third quarter's top line missed Street view. For the second quarter, EPS of $0.71 was $0.03 above Street, while revenue of...
-
Credit Suisse Likes Intuit's Story, But There's A Catch; Slaps $100 Price Target On Stock
Thursday, April 21, 2016 - 9:21am | 238Read More...Intuit Inc. (NASDAQ: INTU) shares have gained 6 percent year-to-date. Credit Suisse’s Michael Nemeroff initiated coverage of the company with a Neutral rating and a price target of $100. Intuit Poised For Robust Long-Term Revenue Growth Analyst Michael Nemeroff believes that Intuit...
-
3 Stocks Boosted By Latest Jobs Numbers
Monday, April 4, 2016 - 3:18pm | 300Read More...Credit Suisse said the March U.S. labor data indicates continued jobs trends momentum, is positive for The Ultimate Software Group, Inc. (NASDAQ: ULTI), Paycom Software Inc (NYSE: PAYC) and Cornerstone OnDemand, Inc. (NASDAQ: CSOD). "We continue to view a strengthening U.S. labor market as...
-
Credit Suisse Downgrades Verint Systems To Underperform Following Large Q4 Miss
Wednesday, March 30, 2016 - 8:34am | 329Read More...Credit Suisse’s Michael Nemeroff downgraded the rating for Verint Systems Inc. (NASDAQ: VRNT) from Neutral to Underperform, while slashing the price target from $45 to $29, after the company reported highly disappointing F4Q results and missed guidance expectations. Verint Systems had...
-
Credit Suisse Downgrades Textura Amid Executive Departures
Monday, November 23, 2015 - 9:23am | 276Read More...Shares of Textura Corp (NYSE: TXTR) have declined 10.54 percent year-to-date, reaching a low of $23.44 on November 17. Michael Nemeroff of Credit Suisse has downgraded the rating on the company from Outperform to Neutral, while lowering the price target from $27 to $24. The downgrade follows the...
-
Tech Stocks: The Best...And The Worst Analyst Recommendations
Thursday, May 28, 2015 - 3:17pm | 1059Read More...The technology sector is one of the most popular among investors who are looking to to invest in the stock market. Analysts are always on the lookout for the next blockbuster company/stock, but making the right call at the right time is crucial. According to TipRanks, the most and least...
-
Apigee Sell-Side Quiet Period Expires; Analysts Decidedly Bullish
Tuesday, May 19, 2015 - 5:01pm | 463Read More...The sell-side quiet period for Apigee Corp (NASDAQ: APIC) has ended and analysts have commented Tuesday on the stock. Overall, analyst coverage has been bullish and shares responded by moving more than 4 percent higher Tuesday. Credit Suisse initiated coverage with an Outperform rating and $...
-
Credit Suisse Sees Solid 4Q14 With Sales Hiring On Track For Workiva
Thursday, March 12, 2015 - 9:20am | 170Read More...In a report published Thursday, Credit Suisse analyst Michael Nemeroff reiterated an Outperform rating and $18.00 price target on Workiva Inc. (NYSE: WK). In the report, Credit Suisse noted, "WK reported solid 4Q results, in our view, with revenue, EPS and cash flow all ahead of Street ests. The...
-
UPDATE: Credit Suisse Resumes Coverage On Covisint On Limited Upside
Monday, March 2, 2015 - 9:58am | 195Read More...In a report published Monday, Credit Suisse analyst Michael Nemeroff resumed coverage on Covisint Corp. (NASDAQ: COVS) with an Underperform rating, down from Neutral, and a $2.50 price target. In the report, Credit Suisse noted, "We reinstate coverage of COVS with an Underperform rating as we...
-
Jive Software's Simplified And Refocused Strategies Appreciated At Credit Suisse
Wednesday, February 11, 2015 - 12:05pm | 225Read More...In a report published Wednesday, Credit Suisse analyst Michael Nemeroff reiterated a Neutral rating on Jive Software Inc (NASDAQ: JIVE), but lowered the price target from $8.00 to $6.00. In the report, Credit Suisse noted, "JIVE posted Q4 revenue / EPS ahead of CS / Street estimates but guided 2015...
