Ross MacMillan

In a report published Thursday, Jefferies analyst Ross MacMillan reiterated a Hold rating on VMware (NYSE: VMW), but lowered the price target from $82.00 to $$75.00. In the report, Jefferies noted, “Our recent channel survey (see: Virtualization Survey: Encouraging Results) suggest a decent...

In a report published Wednesday, Jefferies analyst Ross MacMillan upgraded Adobe Systems (NASDAQ: ADBE) from Hold to Buy, and raised the price target from $45.00 to $57.00. In the report, Jefferies noted, “Our fresh analysis of the Creative Cloud (CC) model transition leads to a base-case of...

In a report published Wednesday, Jefferies analyst Ross MacMillan reiterated a Hold rating on Adobe Systems (NASDAQ: ADBE), and raised the price target from $43.00 to $45.00. In the report, Jefferies noted, “Following our mixed survey results from 5/28, ADBE positively surprised on Creative...

On Thursday, Jefferies downgraded diversified software company Adobe Systems (NASDAQ: ADBE) from Buy to Hold. Jefferies said that its downgrade is based on higher near-term revenue risk due to potentially stronger Creative Cloud subscription adoption on promotional pricing; a downtick in Creative...

Jefferies analysts Ross MacMillan, Harish Parwani, and Sonya Banerjee remain optimistic on Parametric Technology (NASDAQ: PMTC). Management is confident as PMTC has grown amidst a recovering economy and higher demand for PLM software. Software licenses are expected to grow 35-40% in FY10 and 20%+...

Jefferies upgraded Intuit Inc (NASDAQ: INTU) from “hold” to “buy.” The investment firm has also upped the target price for INTU from $45 from $35. Analyst Ross MacMillan of Jefferies wrote in a research note, “While FY 2010 tax season played out stronger than expected, FY 2011 should be at least as...

Analyst Ross MacMillan at Jefferies & Company, Inc. has raised the price target for ANSYS, Inc. (NASDAQ: ANSS) from $48 to $50. The company finished 2009 on a strong note. According to Jefferies, the company is a core holding, given its dominant position in a market that can support growth in...

Analyst Ross MacMillan at Jefferies & Company, Inc. has upgraded Rosetta Stone, Inc. (NYSE: RST) from a Hold to a Buy rating. The price for the Rosetta Stone, Inc. stock has been raised from $24 to $29. Jefferies has upgraded the company due the acceleration in international business, the...

Two analysts who follow Adobe Systems Inc. (Nasdaq: ADBE) raised their ratings for the software maker's stock today. Jefferies & Co. analyst Ross MacMillan raised his rating of Adobe Systems from Hold to Buy. "We continue to believe that the CS5 product cycle will be decent, driven by...