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Looking For An Ideal Position In Public Grid Tech? Raymond James Highlights Silver Spring Networks
Thursday, June 30, 2016 - 11:46am | 300Raymond James' Pavel Molchanov upgraded Silver Spring Networks Inc (NYSE: SSNI) from Outperform to Strong Buy with a price target of $16.00. Since last December's high, shares are down 27 percent essentially due to multiple compression. The company had no missteps other than the CFO's departure....
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Citi: Oracle's Earnings Stabilizing, Yet Prefers SAP On Lower Cloud Risk
Friday, June 17, 2016 - 2:51pm | 362Citi said the fourth-quarter earnings of Oracle Corporation (NYSE: ORCL) showed more signs of stabilization, but the firm still prefers rival SAP SE (ADR) (NYSE: SAP) due to reduced cloud risk and stronger business trends. The business software giant's EPS missed street by $0.01, despite better-...
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Oracle Results Applauded By Barclays
Friday, June 17, 2016 - 8:38am | 281Oracle Corporation (NYSE: ORCL) reported robust 4QFY16 results, while raising the cloud revenue guidance for 1QFY17. Barclays’ Raimo Lenschow reiterated an Overweight rating on the company, with a price target of $48. Beat And Raise Lenschow mentioned that the main highlight for 4QFY16 was...
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D.A. Davidson Sees Oracle Q4 Earnings Below Consensus
Thursday, June 16, 2016 - 2:24pm | 360Oracle Corporation (NYSE: ORCL) is expected to report its fourth-quarter numbers on June 16 after the market close, and D.A. Davidson expects the results to be below consensus. Projections For Q4 Analyst Jack Andrews expects non-GAAP EPS of $0.80, compared to the Street's $0.82 and the company...
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Oracle Q4 Earnings Preview: Are Customers Renewing Cloud Subscriptions?
Monday, June 13, 2016 - 8:09am | 285Oracle Corporation (NYSE: ORCL) is scheduled to report its FYQ4 results on June 16. Barclays’ Raimo Lenschow maintains an Overweight rating on the company, with a price target of $48. Q4 Preview “Q4 is Oracle's biggest revenue quarter, since it is also the largest license quarter....
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Market Wrap For April 4: Dow Suffers Triple Digit Point Loss, Nasdaq Continues To Underperform
Friday, April 4, 2014 - 4:44pm | 2444U.S. stocks ended the week on a sour note as investors continue to sell many momentum names. Not helping the bull case was the much anticipated Jobs report number which failed to "wow" the market, coming in relatively in-line with expectations. The Dow suffered a triple digit point loss and...