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The Street's Reaction To Oracle's Q2 Earnings Beat
Tuesday, December 18, 2018 - 11:59am | 674Oracle Corporation (NYSE: ORCL) reported Monday a top-and-bottom line beat in its fiscal second-quarter earnings report. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Oppenheimer's Brian Schwartz maintains a Perform rating on Oracle with no...
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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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KeyBanc: Shopify Has Upside Potential With Marijuana Opportunity
Monday, September 17, 2018 - 9:41am | 452When recreational cannabis sales begin in Canada next month, Shopify Inc (NYSE: SHOP) could rise on a secondhand high. The Rating KeyBanc Capital Markets analyst Monika Garg maintained an Overweight rating on Shopify with a $182 price target. The Thesis British Columbia, Ontario and other...
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KeyBanc: Pullback In Shopify Shares Creates Buying Opportunity
Monday, April 2, 2018 - 9:46am | 428Since hitting a late-March high, Shopify Inc (NYSE: SHOP) shares have shed about 19 percent, and one analyst views the pullback as an opportunity to add to positions in a high-quality franchise. The Analyst KeyBanc Capital Markets analyst Monika Garg reiterated that Shopify is one of KeyBanc...
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Oracle's Cloud Transition Isn't Fast Enough, KeyBanc Says In Downgrade
Tuesday, March 20, 2018 - 11:14am | 345Oracle Corporation (NYSE: ORCL)'s fiscal third-quarter earnings report Monday could be a signal it will be difficult for Larry Ellison's company to catch up with cloud peers, according to KeyBanc Capital Markets. The Analyst KeyBanc's Monika Garg downgraded Oracle from...
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Not Just A Toy Story: Market Winners And Losers From The Toys 'R' Us Liquidation
Friday, March 16, 2018 - 10:21am | 711Toys 'R' Us's days as a toy retailer appear to be numbered after the company filed plans for liquidation of its more than 700 domestic stores and over 200 of its Babies 'R' Us stores. Investors are now questioning what impact the closures will have in the overall retail sector...
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KeyBanc Raises Autodesk Price Target, Estimates After Q4 Print
Wednesday, March 7, 2018 - 2:26pm | 349Autodesk, Inc. (NASDAQ: ADSK) reported slightly better-than-expected revenue and earnings per share in the fourth quarter, although net subscriber adds were soft, according to KeyBanc Capital Markets. The Analyst KeyBanc analyst Monika Garg maintained an Overweight rating on Autodesk and...
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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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Autodesk's Beat Overshadowed By Subscriber Guidance
Wednesday, November 29, 2017 - 10:29am | 429Many investors are concerned with Autodesk, Inc. (NASDAQ: ADSK)'s earnings report, including net subscription guidance and other reported metrics. The Analyst KeyBanc Capital Markets' Monika Garg maintains an Overweight rating on Autodesk's stock with a price target lowered from $136...
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From Autodesk To Synopsys, Your Guide To This Week's Software Earnings
Monday, November 27, 2017 - 1:59pm | 738KeyBanc Capital Markets previewed the quarterly results of vertical software companies Autodesk, Inc. (NASDAQ: ADSK), Synopsys, Inc. (NASDAQ: SNPS) and Guidewire Software Inc (NYSE: GWRE) in a Sunday note. Analyst: Autodesk Stock To Continue Higher Autodesk has been executing well...
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Time To Start Subscribing To The Autodesk Growth Story
Friday, August 25, 2017 - 3:01pm | 470Autodesk, Inc. (NASDAQ: ADSK) reported a second-quarter non-GAAP loss of 11 cents per share on revenues of $502 million, down 9 percent. The results were ahead of the consensus estimates, which called for a loss of 23 cents per share on revenues of $470 million. Subscription plan subscriptions...
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Cloud, Artificial Intelligence: 2 Reasons Analysts Foresee Growth In Oracle's Future
Wednesday, July 5, 2017 - 9:51am | 301After underperforming over the last two years, Oracle Corporation (NYSE: ORCL) is catching its stride, pushing KeyBanc Capital Markets analyst Monika Garg to upgrade Oracle to Overweight with a $61 price target. 4 Reasons Behind Garg’s Bullish Theses Oracle’s cloud growth could double...
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Shopify Is Just Getting Started: Considerable Runway Ahead, Multiple Upside Drivers
Tuesday, March 21, 2017 - 10:37am | 456“With considerable runway ahead and multiple upside drivers, Shopify Inc (US) (NYSE: SHOP) continues to be our favorite growth name to own,” Pacific Crest’s Monika Garg said in a note, while adding that the company had “a path to $1.7 billion in revenue and $90 billion in...
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Pacific Crest Downgrades Sandisk On Pending Merger, Is Buying Western Digital
Monday, February 29, 2016 - 11:35am | 241Pacific Crest’s Monika Garg downgraded the rating for SanDisk Corporation (NASDAQ: SNDK) to Sector Weight, citing the impending merger with Western Digital Corp (NASDAQ: WDC). The deal is now to be financed by $67.50 in cash and 0.2387 Western Digital shares, which translates to around $78...
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Wall Street Bulls Still Like Micron After Analyst Day
Tuesday, February 16, 2016 - 12:26pm | 592Following Micron Technology, Inc. (NASDAQ: MU)'s Analyst Day on February 12, analysts across the Street are weighing in on the semiconductor provider. With a series of upgrades already coming in, Micron has seen a significant increase on the day, after a long Presidents' Day weekend....