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Credit Suisse Raises Price Target On Informatica Following Good Q4 Revenue
Wednesday, January 28, 2015 - 9:05am | 242In a report published Wednesday, Credit Suisse analyst Michael Nemeroff reiterated a Neutral rating on Informatica Corporation (NASDAQ: INFA), and raised the price target from $35.00 to $40.00. In the report, Credit Suisse noted, “INFA's Q4 revenue results were above consensus coming in closer to...
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UPDATE: Credit Suisse Downgrades Open Text Following Another License Miss
Wednesday, January 28, 2015 - 8:39am | 227In a report published Wednesday, Credit Suisse analyst Michael Nemeroff downgraded the rating on Open Text Corporation (NASDAQ: OTEX) from Outperform to Neutral, and lowered the price target from $65.00 to $60.00. In the report, Credit Suisse noted, “Following a small license miss last quarter,...
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UPDATE: Credit Suisse Upgrades Constant Contact On Positive Growth Outlook
Tuesday, January 27, 2015 - 9:33am | 138In a report published Tuesday, Credit Suisse analyst Michael Nemeroff upgraded the rating on Constant Contact Inc (NASDAQ: CTCT) from Neutral to Outperform, and raised the price target from $34.00 to $46.00. In the report, Credit Suisse noted, “We upgrade shares of CTCT to Outperform from Neutral...
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UPDATE: Credit Suisse Initiates Coverage On Paycom Software On Multiple Positive Factors
Wednesday, January 21, 2015 - 9:38am | 103In a report published Wednesday, Credit Suisse analyst Michael Nemeroff initiated coverage on Paycom Software (NYSE: PAYC) with an Outperform rating and $30.00 price target. In the report, Credit Suisse noted, “PAYC provides SaaS-based solutions for payroll and human capital management (HCM),...
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Analysts Call Verint Systems FY15 Guidance 'Conservative'
Thursday, December 4, 2014 - 3:21pm | 279Verint Systems Inc. (NASDAQ: VRNT) disappointed investors with a lower-than-expected outlook recently but a couple of analysts said its forecast is probably conservative. Verint, up more than 37 percent year-to-date, traded recently at $59.75, down 2 percent. Management of the company is...
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Credit Suisse Initiates Coverage On Yodlee
Tuesday, October 28, 2014 - 11:37am | 159On Tuesday, the sell-side quiet period expired on shares of Yodlee Inc (NASDAQ: YDLE). Following the expiration, analysts at Credit Suisse initiated coverage with an Outperform rating and $17 price target. Michael Nemeroff finds that Yodlee trades at a discount to "the vertical SaaS...
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Credit Suisse Upgrades LivePerson, Inc. On Increased Confidence In Revenue Growth
Thursday, October 9, 2014 - 9:31am | 166Credit Suisse raised the price target from $13 to $17 on LivePerson, Inc. (NASDAQ: LPSN) and upgraded its rating from Neutral to Outperform in a report issued late Wednesday. Analysts led by Michael Nemeroff expressed increased confidence that revenue growth will accelerate in 2015 while...
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UPDATE: Credit Suisse Reiterates On Verint Systems Inc. On Strong F2Q15 Outperformance
Friday, September 5, 2014 - 10:19am | 145In a report published Friday, Credit Suisse analyst Michael Nemeroff reiterated an Outperform rating on Verint Systems Inc. (NASDAQ: VRNT), and raised the price target from $57.00 to $59.00. In the report, Credit Suisse noted, “F2Q15 non-GAAP revenue of $284.7M (+27.8% yr/yr) was well above Street...
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UPDATE: Credit Suisse Downgrades Jive Software Amid 'Soft' Earnings
Friday, August 1, 2014 - 8:25am | 150In a note released early Friday morning, Credit Suisse analyst Michael Nemeroff downgraded shares of Jive Software (NASDAQ: JIVE) from Outperform to Neutral and lowered the price target from $13 to $8. Nemeroff's downgrade comes on the back of Jive's downward revision to its 2014 year-...
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UPDATE: Credit Suisse Upgrades Open Text
Thursday, July 31, 2014 - 2:10pm | 128In a report released Thursday, Credit Suisse analyst Michael Nemeroff upgraded Open Text (NASDAQ: OTEX) from Neutral to Outperform and raised the price target from $51 to $65. Analysts at Credit Suisse anticipate growth in year-over-year licensing revenue from the Open Text launch of EIM suite...
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UPDATE: Credit Suisse Downgrades Informatica
Friday, July 25, 2014 - 2:16pm | 107In a note dated July 24, Credit Suisse analyst Michael Nemeroff downgraded shares of Informatica (NASDAQ: INFA) from Outperform to Neutral. Nemeroff noted that informatica slightly missed on its second quarter results. However, he said the more important issues are the reductions to third...
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UPDATE: Credit Suisse Initiates Coverage on 2U on Multiple Positive Factors
Tuesday, April 22, 2014 - 10:04am | 137In a report published Tuesday, Credit Suisse analyst Michael Nemeroff initiated coverage on 2U (NASDAQ: TWOU) with an Outperform rating and $20.00 price target. In the report, Credit Suisse noted, “We Initiate Coverage of 2U (TWOU) with an Outperform Rating and a $20 Target Price: 2U enables...
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UPDATE: Credit Suisse Downgrades Covisint on Negative FQ4 Preannouncement
Friday, March 14, 2014 - 10:35am | 155In a report published Friday, Credit Suisse analyst Michael Nemeroff downgraded the rating on Covisint (NASDAQ: COVS) from Outperform to Neutral, and lowered the price target from $17.00 to $8.00. In the report, Credit Suisse noted, “COVS negatively preannounced that F4Q14 (Mar) revenue is...
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UPDATE: Credit Suisse Reinstates Coverage on Verint Systems on Acquisition of KANA Software
Wednesday, February 5, 2014 - 11:29am | 185In a report published Wednesday, Credit Suisse analyst Michael Nemeroff reinstated coverage on Verint Systems (NASDAQ: VRNT) with a Neutral rating and $49.00 price target, up from $40.00. In the report, Credit Suisse noted, “VRNT announced it has completed the acquisition of privately-held KANA...
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Credit Suisse Maintains on Covisint
Friday, January 24, 2014 - 10:23am | 133In a report published Friday, Credit Suisse analyst Michael Nemeroff maintained Outperform on Covisint (NASDAQ: COVS), dropping its target price to $17.00 from $18.00. According to the report, the analyst's $17.00 target price is based on a blended average using 50 percent of their discounted...