Richard Davis

Mongodb Inc (NASDAQ: MDB), the first database company to file for an initial public offering in more than two decades, reported better-than-expected fourth quarter-results Tuesday. The company said it lost 40 cents per share in Q4 on revenue of $45 million against expectations of a 43-...

Shares 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...

Twilio Inc (NYSE: TWLO) reported better-than-expected fourth-quarter results after Tuesday's market close, leaving little to no ammunition for shorts to hold on to, according to Canaccord Genuity. The Analyst Canaccord Genuity's Richard Davis maintains a Buy rating on Twilio's stock...

Adobe Systems Incorporated (NASDAQ: ADBE) shares peaked as much as 6.4 percent after hours Monday on positive guidance and news of the CFO’s retirement. One analyst firm thinks the market’s underreacting. The Analyst Canaccord Genuity analysts Richard Davis and David Hynes reiterated...

Shares of Workday Inc (NASDAQ: WDAY) were trading lower by more than 2 percent Thursday after the company's better-than-expected earnings report was overshadowed by several concerning metrics. Here's what some of Wall Street's top analysts are saying after the print: Bank Of America:...

Autodesk, 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...

Autodesk, Inc. (NASDAQ: ADSK) reported fiscal third quarter results after the close Tuesday, posting 5.3 percent revenue growth to $515.3 million and a narrower non-GAAP loss of 12 cents per share. The results exceeded estimates. Autodesk's fourth quarter and fiscal 2017 non-GAAP...

salesforce.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...

Canaccord Genuity said in a note it believes Mulesoft Inc (NYSE: MULE) will post several at least somewhat better-than-expected consensus expectation quarters. If that is the case, the firm said its valuation is not as expensive as it appears. The firm thinks the stock could outperform the...

Following the release of fiscal year first-quarter results by Atlassian Corporation PLC (NASDAQ: TEAM), Canaccord Genuity said the results were solid. The firm said if anyone expected much different after attending the firm's user conference and analyst day last month, they weren't paying...

Canaccord Genuity said in a note Wednesday its analysis suggests that investors have underestimated the virtuous cycles Microsoft Corporation (NASDAQ: MSFT) has created by assembling four compelling growth drivers in Office Productivity, Gaming, Marketing and Azure's Platform as a Service. As...

Workday 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...

Canaccord Genuity initiated coverage of Appian Corp (NASDAQ: APPN) at Hold, given its expectations that the stock is too pricey. This is despite the firm believing that the company's business is promising. Break-Even Cash Flow Sooner-Than-Expected The firm noted that Appian has accomplished...

Some investors put their financial livelihoods in the hands of analysts researching their relevant stocks. Upgrades and downgrades determine how they play their portfolios — when to sell, when to buy, when to hold. Some analysts have better foresight than others do, though, and their...

Autodesk, Inc. (NASDAQ: ADSK) “beat across the board for its year-end, which is a good thing, but also reflects broadly favorable trends in the design software space,” Canaccord Genuity’s Richard Davis said in a note, while maintaining a Buy rating on the company, while raising...