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Analysts Initiate Coverage Of DocuSign Following IPO Quiet Period
Tuesday, May 22, 2018 - 2:53pm | 456Read More...The quiet period following the IPO Docusign Inc (NASDAQ: DOCU) has ended, and several Wall Street analysts have weighed in on the stock. Here’s a rundown of what they’ve had to say. Voices From The Street Citi analyst Walter Prichard said DocuSign is a potential SaaS market leader....
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Morgan Stanley: Smartsheet's Valuation 'Doesn't Reflect Long Runway Of Growth, Ramping Profitability'
Tuesday, May 22, 2018 - 1:18pm | 285Read More...Shares of Smartsheet Inc (NYSE: SMAR) earned the top-notch rating from Morgan Stanley following the expiry of the IPO quiet period. The Analyst Analyst Stan Zlotsky initiated coverage of Smartsheet with an Overweight rating and a $24 price target, suggesting 20 percent upside from current...
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DocuSign Is The E-Signature Standard, But Shares Are Fairly Valued, Morgan Stanley Says
Tuesday, May 22, 2018 - 11:58am | 407Read More...DocuSign. Inc. (NASDAQ: DOCU)’s analyst IPO quiet period ended Tuesday. Morgan Stanley weighed in on the stock, highlighting its strong brand and wide-open market. The Analyst Morgan Stanley analyst Stan Zlotsky initiated coverage on DocuSign with an Equal-weight rating and $42 price target...
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Zuora's Growth, Profitability Are Priced In, Morgan Stanley Says In Neutral Initiation
Monday, May 7, 2018 - 10:47am | 385Read More...Zuora Inc (NYSE: ZUO), an enterprise software company that designs SaaS applications, has a huge total addressable market opportunity as companies vie to take advantage of the recurring revenue model of the subscription economy, according to Morgan Stanley. The Analyst Analyst Stan Zlotsky...
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HubSpot Has Strong Fundamentals, But Upside Is Largely Priced In, Says Morgan Stanley
Tuesday, January 30, 2018 - 12:02pm | 400Read More...HubSpot Inc (NYSE: HUBS), a developer of software products for inbound marketing and sales, is an unique software asset, combining growth, profitability and a strong executive, according to Morgan Stanley. The Analyst Morgan Stanley analyst Stan Zlotsky downgraded shares of HubSpot from...
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Morgan Stanley: Veeva Systems' Share Price Fails To Reflect Growth, Margin Potential
Tuesday, January 30, 2018 - 10:40am | 383Read More...Veeva Systems Inc (NYSE: VEEV), a cloud-computing company focused on the pharma and life sciences industry, is an underpriced asset within the broader SaaS universe, according to Morgan Stanley. The Analyst Morgan Stanley analyst Stan Zlotsky upgraded Veeva Systems from Equal-weight to...
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SendGrid Takes Home Mostly Glowing Sell-Side Opinions
Monday, December 11, 2017 - 5:53pm | 609Read More...The IPO quiet period for email marketing company SendGrid Inc (NYSE: SEND) expired Monday, and the sell-side offered its take on the investability of the stock. Volume-Driven Growth Growth at SendGrid is driven by increased email volume and will benefit as overall email usage improves...
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Morgan Stanley's NetSuite Analyst Has Egg On His Face; Upgrades And Bumps PT By 182%
Friday, July 29, 2016 - 8:48am | 371Read More...Morgan Stanley, which had an Underweight rating on NetSuite Inc (NYSE: N), has upgraded the stock to Equal Weight following its acquisition by Oracle Corporation (NYSE: ORCL) for $9.3 billion, or $109 a share. It is to be noted that the takeout price of $109 implies 11.2x EV/NTM recurring revenue...
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Short Opportunity? Morgan Stanley Discusses One Of SaaS's 'Most Expensive' Stocks
Thursday, September 10, 2015 - 1:47pm | 436Read More...Shares of Cvent Inc (NYSE: CVT) are up 30 percent year to date. Since its IPO, Cvent's growth has been steady in the 25 to 30 percent range. Analysts at Morgan Stanley downgraded Cvent to Underweight, noting the stock "one of the most expensive" names in SaaS. Shares of Cvent Inc, a cloud-based...
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HubSpot's Pullback Is Surprising, But These Analysts Are Buying In
Thursday, September 10, 2015 - 12:00pm | 270Read More...• Shares of HubSpot, Inc. (NYSE: HUBS) have jumped 37.63 percent year to date. • Morgan Stanley's Stan Zlotsky has upgraded the rating on the company from Equal-weight to Overweight, while raising the price target from $55 to $57. • Following five quarters of acceleration in growth, Zlotsky views...
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The Short-Term Struggle With Bazaarvoice
Wednesday, September 2, 2015 - 8:03am | 283Read More...Bazaarvoice Inc (NASDAQ: BV) has seen a 9.6 percent drop in its share price over the past three months, following a sharp decline earlier in March. Morgan Stanley’s Stan Zlotsky has downgraded Bazaarvoice from Overweight to Equal-Weight, while lowering the price target from $9 to...
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Oppenheimer And Morgan Stanley Reiterate: Salesforce.com In A Great Position For Growth
Tuesday, April 7, 2015 - 9:46am | 209Read More...Oppenheimer issued a report on salesforce.com, Inc. (NYSE: CRM) after meeting with CFO Mark Hawkins. Oppenheimer reiterated its Outperform rating and issued an $80 price target. Analysts Brian Schwartz and Julian Serafini wrote, "We came away feeling more positive on the current business...
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Adobe Systems: Morgan Stanley 'Anticipating A Seasonally Tougher Q1'
Tuesday, March 17, 2015 - 9:30am | 275Read More...Adobe Systems Incorporated (NASDAQ: ADBE) is scheduled to report its first quarter financial results on Tuesday after market close. In a report issued Monday, Morgan Stanley analysts Jennifer Swanson Lowe and Stan Zlotsky provide a preview "anticipating a seasonally tougher first quarter....
