Steve Koenig

Autodesk, Inc. (NASDAQ: ADSK) reported below-par first-quarter results Thursday, sending the stock lower.  The Analysts Wedbush analyst Steve Koenig maintained a Neutral rating on Autodesk and lowered the price target from $166 to $164. KeyBanc Capital Markets analyst Jason Celino...

Oracle Corporation (NYSE: ORCL) shares dropped Friday morning despite the company reporting a fiscal third-quarter earnings beat and providing fourth-quarter guidance that exceeded Wall Street’s expectations. Investors may be concerned about the company’s revenue numbers, which were...

Salesforce.com, inc. (NYSE: CRM) reported fourth-quarter results that came in better than expected, but management's outlook for the first quarter missed on both the revenue and EPS lines. Here is a summary of how some of the Street's top analysts reacted to the report. The Analysts Bank...

The cloud platform salesforce.com, inc. (NYSE: CRM) bought MuleSoft in 2018 for $6.5 billion, and the deal is a primary reason why Wedbush has named the stock as one of its best ideas.   The Analyst Wedbush's Steve Koenig maintains an Outperform rating on Salesforce with an...

Big data facilitating company Splunk Inc (NASDAQ: SPLK) reported Thursday a top- and bottom-line beat in its third-quarter results while management lifted both its 2019 and 2020 sales outlook. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Wells...

Salesforce.com, inc. (NYSE: CRM) reported Tuesday a top-and-bottom-line beat in its third quarter. Earnings came in at 61 cents per share, beat estimates by 11 cents while sales of $3.392 billion beat $3.37 billion estimates. Here is a summary of how some of the Street's top analysts reacted to...

Salesforce.com, Inc. (NYSE: CRM) stock jumped 2.4 percent on Wednesday morning after the company reported earnings and revenue numbers that topped Wall Street expectations. Several analysts have weighed in on the stock following the report. Here’s a sampling of what they had to say. Clean...

Shares of security analytics company Splunk Inc (NASDAQ: SPLK) have come 10 percent off their 2018 high of $112.70, leading an analyst deem the current time and price as an attractive entry point. The Analyst Wedbush analyst Steve Koenig upgraded Splunk from Neutral to Outperform and increased...

Oracle Corporation (NYSE: ORCL) reported its fiscal third quarter results, which sent the stock lower by nearly 10 percent Tuesday. Investors appear to be concerned with the company's cloud performance and begs the question: should investors be buyers of the dip or not? The Analysts...

Shares of The Ultimate Software Group, Inc. (NASDAQ: ULTI) are up over 25 percent thanks to "strong execution in a healthy demand environment," according to Wedbush, but the research firm is stepping to the sidelines.  The Analyst Webush analyst Steve Koenig downgraded shares of...

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)'s reported third quarter earnings Tuesday, leaving some investors and Wall Street analysts concerned with the results. The Analyst Wedbush's Steve Koenig downgraded Autodesk's stock rating from Outperform to Neutral and lowered the price target...

Since Oracle Corporation (NYSE: ORCL) announced the majority of unaffiliated NetSuite Inc (NYSE: N) shareholders tendered their shares to its $109/share takeover offer, the next question on investors' minds should be what the impact of the acquisition will be for rivals The Ultimate Software Group...

Shares of FireEye Inc (NASDAQ: FEYE) surged 13 percent as cost cuttings helped the company post a solid earnings beat. But, Wedbush remains on the sidelines on reduced outlook and is waiting for an inflection in revenue and billings growth to become constructive on the name. The brokerage...

Wedbush Securities has upgraded shares of The Ultimate Software Group, Inc. (NASDAQ: ULTI) to Outperform from Neutral on the expectation that the company’s initial fiscal 2017 revenue guide will be “surprisingly positive” and will be a strong catalyst for the shares. The company...