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What Does The Street Think Of Microsoft Now?
Friday, April 24, 2015 - 2:12pm | 661Microsoft Corporation (NASDAQ: MSFT) on Thursday reported third quarter results that jolted shares higher by nearly 10 percent by Friday afternoon. Here is a summary of what some of Wall Street's top analysts have to say about the company's results. FBR: Nadella ‘Putting The...
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RBC Previews Intuit's Consumer Tax Season
Monday, April 13, 2015 - 1:05pm | 340Intuit Inc. (NASDAQ: INTU) is scheduled to report tax season results around April 24. In a recent report, RBC Capital Markets analysts Ross MacMillan and Matthew Hedberg provide a preview for the company’s consumer tax business, which they expect to be in-line with their expectations....
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Oracle Shares Jump As Cloud Acceleration & Database Cycle Ahead Causes RBC To Upgrade
Monday, March 30, 2015 - 2:14pm | 260In a report issued Monday morning, RBC Capital Markets analyst Ross MacMillan upgraded shares of Oracle Corporation (NYSE: ORCL) from Sector Perform to Outperform. The Upgrade And PT Adjustment The upgrade seeks to reflect a more bullish view on the company's cloud growth (both...
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Analysts Split On Adobe Systems Incorporated's Upcoming Q3
Tuesday, September 16, 2014 - 3:37pm | 330Adobe Systems Incorporated's (NASDAQ: ADBE) new version of its flagship digital media products like Photoshop have stirred high expectations among investors, although some fear promotional pricing and lackluster results from its digital marketing segment could prove disappointing. The San...
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Jefferies Raises PT On VMware, Factors In Revenue
Sunday, March 30, 2014 - 8:57am | 184Analysts at Jefferies on Friday, March 28, 2014, released A new price target regarding VMware (NYSE: VMW). Equity analyst Ross MacMillan raised the firm's price target from $114.00 to $124.00. The stock is currently trading for $106.29 per share as of Friday, March 28, 2014. The firm has cited...
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Jefferies Analyst Sees 16% Upside in Microsoft
Friday, March 21, 2014 - 3:27pm | 105In a note released Friday, Jefferies raised the price target for Microsoft (NASDAQ: MSFT) from $42 to $47 and reiterated a Buy rating. Analyst Ross MacMillan believes Microsoft Office for iPad may be a bigger opportunity than previously expected. 23 percent of consumers are willing to pay $100...
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UPDATE: Jefferies Reiterates on Autodesk on Incremental Conviction on the Model Transition
Wednesday, December 4, 2013 - 12:48pm | 104In a report published Wednesday, Jefferies analyst Ross MacMillan reiterated a Buy rating on Autodesk (NASDAQ: ADSK), and raised the price target from $48.00 to $56.00. In the report, Jefferies noted, “We continue to believe that the shift in the business model to more recurring revenue, more...
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UPDATE: Jefferies Upgrades Microsoft on Multiple Positive Factors
Tuesday, October 15, 2013 - 11:13am | 107In a report published Tuesday, Jefferies analyst Ross MacMillan upgraded the rating on Microsoft Corporation (NASDAQ: MSFT) from Hold to Buy, and raised the price target from $33.00 to $42.00. In the report, Jefferies noted, “We upgrade the stock based on: 1) A new operating structure with greater...
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UPDATE: Jefferies Initiates Coverage on Benefitfocus on Multiple Positive Factors
Monday, October 14, 2013 - 10:03am | 101In a report published Monday, Jefferies analyst Ross MacMillan initiated coverage on Benefitfocus (NASDAQ: BNFT) with a Buy rating and $50.00 price target. In the report, Jefferies noted, “We expect Benefitfocus to experience accelerating growth and capture value from the adoption of benefits...
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UPDATE: Jefferies Raises PT on Workday Following Strong F2Q Results
Wednesday, August 28, 2013 - 9:26am | 107In a report published Wednesday, Jefferies analyst Ross MacMillan reiterated a Buy rating on Workday (NYSE: WDAY), and raised the price target from $86.00 to $88.00. In the report, Jefferies noted, “Workday's strong F2Q 2014 (Jul.) results beat our estimates across-the-board. WDAY also raised FY14...
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UPDATE: Jefferies Upgrades VMware on Revenue Acceleration Confidence
Friday, August 23, 2013 - 11:00am | 113In a report published Friday, Jefferies analyst Ross MacMillan upgraded the rating on VMware (NYSE: VMW) from Hold to Buy, and raised the price target from $86.00 to $105.00. In the report, Jefferies noted, “We are increasingly confident of revenue acceleration, and our CY14 License growth...
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UPDATE: Jefferies Reiterates Hold Rating, Raises PT on MICROS Systems Following F4Q13 Preview
Monday, August 19, 2013 - 10:41am | 116In a report published Monday, Jefferies analyst Ross MacMillan reiterated a Hold rating on MICROS Systems (NASDAQ: MCRS), and raised the price target from $44.00 to $46.00. In the report, Jefferies noted, “Our checks indicate the restaurant tech spending environment is improving in the U.S. New...
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UPDATE: Jefferies Raises PT on Monotype Imaging Following 2Q13 Revenue/EPS Report
Monday, July 29, 2013 - 11:32am | 123In a report published Monday, Jefferies analyst Ross MacMillan reiterated a Hold rating on Monotype Imaging (NASDAQ: TYPE), and raised the price target from $22.00 to $25.00. In the report, Jefferies noted, “TYPE reported 2Q13 rev/ NG EPS of $41.1M/ $0.26, slightly below the Street. OEM rev...
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UPDATE: Jefferies Raises PT on Concur Technologies Following Key Acquisition in Industry
Wednesday, July 17, 2013 - 3:45pm | 175In a report published on Tuesday, Jeffreries analyst Ross MacMillan raised the price target on Concur Technologies (NASDAQ: CNQR) from $74 to $90 and retained its Hold rating on the company. In the report, Jefferies commented, "he acquisitions of TRX and GDSX move Concur into a leading position...
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UPDATE: Jefferies Raises PT on Qlik Technologies Ahead of 2Q13 Results
Monday, July 15, 2013 - 10:25am | 128In a report published Monday, Jefferies analyst Ross MacMillan reiterated a Hold rating on Qlik Technologies (NASDAQ: QLIK), and raised the price target from $28.00 to $31.00. In the report, Jefferies noted, “We expect an-inline to slightly better 2Q13 from QLIK, given our recent field work,...