Richard Davis

Canaccord Genuity Analyst Richard Davis said in a new research note that the 10 percent decline in Oracle Corporation (NYSE: ORCL) since its earnings report is an opportunity for investors to "buy the dip." Davis attributed the sell-off to lower-than-expected revenue growth –...

Workday (NYSE: WDAY) once again beat quarterly expectations to analysts' loud applause. But some wonder whether the stock price is too rich. "Beating the numbers has been routine," BMO Capital Markets analyst Joel P. Fishbein Jr. said in a note Wednesday. "Valuation remains our primary concern...

In a report published Thursday, Canaccord Genuity analyst Richard Davis reiterated a Buy rating on Exa (NASDAQ: EXA), and raised the price target from $14.50 to $16.00. In the report, Canaccord Genuity noted, “Exa's valuation is cheap enough and the firm's business, which is basically high...

In a report published Tuesday, Canaccord Genuity analyst Richard Davis reiterated a Buy rating and $22.00 price target on Nuance Communications (NASDAQ: NUAN). In the report, Canaccord Genuity noted, “As cathartic as it would be to scream and downgrade NUAN shares on what we have been telling...

In a report published Monday, Canaccord Genuity analyst Richard Davis initiated coverage on Veeva Systems (NYSE: VEEV) with a Buy rating and $46.00 price target. In the report, Canaccord Genuity noted, “Early cycle disruptive technology stocks almost always work. When you add in quite conservative...

In a report published Monday, Canaccord Genuity analyst Richard Davis initiated coverage on Benefitfocus (NASDAQ: BNFT) with a Buy rating and $50.00 price target. In the report, Canaccord Genuity noted, “As the leading cloud vendor of benefits administration software to the employer and insurance...

In a report published Friday, Canaccord Genuity analyst Richard Davis initiated coverage on Datawatch Corporation (NASDAQ: DWCH) with a Buy rating and $30.00 price target. In the report, Canaccord Genuity noted, “Datawatch looks to us to be at the foothills of several years of 20%+ revenue growth...

In a report published Friday, Canaccord Genuity analyst Richard Davis initiated coverage on ServiceNow (NYSE: NOW) with a Buy rating and $55.00 price target. In the report, Canaccord Genuity noted, “We believe ServiceNow is on the cusp of becoming one of the three key nextgeneration platforms in...

In a report published Friday, Canaccord Genuity analyst Richard Davis initiated coverage on Splunk (NASDAQ: SPLK) with a Buy rating and $62.00 price target. In the report, Canaccord Genuity noted, “Big Data captures imaginations, but the more valuable insight is that Splunk has developed one of...

In a report published Friday, Canaccord Genuity analyst Richard Davis downgraded SciQuest (NASDAQ: SQI) from Buy to Hold, and lowered the price target from $27.00 to $22.00. In the report, Canaccord Genuity noted, “A slight miss on June quarter FCF cascaded down to a significant guide down on...

In a report published on Thursday, Canaccord Genuity analyst Richard Davis raised the price target on E2open (NASDAQ: EOPN) from $18 to $20 and maintained a Buy rating on the company. In the report, Canaccord Genuity commented, "EOPN's solid quarter, positive commentary on business outlook, and...

In a report published Friday, Canaccord Genuity analyst Richard Davis reiterated a Buy rating on Oracle (NASDAQ: ORCL), but lowered the price target from $42.00 to $38.00. In the report, Canaccord Genuity noted, “Oracle posted an adequate quarter, made bullish comments on the long-term future,...