Tom Roderick

Tom Roderick of Stifel upgraded shares of Veeva Systems Inc (NYSE: VEEV) on Thursday to Buy from Hold with a $36 price target as shares are now trading at a “more reasonable” level. “Back in November 2013, when we first initiated coverage of Veeva Systems with a Hold rating and the stock at nearly...

In a report published Tuesday, Stifel analyst Tom Roderick initiated coverage on Workiva (NYSE: WK) with a Buy rating and $20.00 price target. In the report, Stifel noted, “We are initiating coverage of Workiva Inc. (WK) with a Buy rating on the shares and a 12-month target price of $20. We believe...

In a report published Friday, Stifel analyst Tom Roderick reiterated a Buy rating on Amber Road Inc (NYSE: AMBR), but lowered the price target from $19.00 to $18.00. In the report, Stifel noted, “On Thursday, November 6th after the market close, Amber Road reported 3Q14 results. While the quarter...

In a report published Friday, Stifel analyst Tom Roderick reiterated a Buy rating on Q2 Holdings Inc (NYSE: QTWO), and raised the price target from $18.00 to $20.00. In the report, Stifel noted, “On Thursday, November 6th, after the market close, Q2 Holdings reported 3Q14 financial results. The...

Brightcove (NASDAQ: BCOV) shares tumbled Friday to near a 52-week low on disappointing second-quarter results and a series of analyst downgrades. The cloud-based video platform provider offered a weak outlook partly on the loss of its customer Rovio Entertainment, which provides the Angry Birds...

In a report published Tuesday, Stifel analyst Tom Roderick initiated coverage on Amber Road (NYSE: AMBR) with a Buy rating and $19.00 price target. In the report, Stifel noted, “Amber Road, originally founded in 1988 as Management Dynamics, is a leader in the rapidly evolving market for Global...

In a report published Tuesday, Stifel analyst Tom Roderick reiterated a Buy rating on salesforce.com (NYSE: CRM), and raised the price target from $60.00 to $65.00. In the report, Stifel noted, “On Monday, November 18, after the close, salesforce.com reported F3Q14 results that came in solidly...

In a report published Monday, Stifel analyst Tom Roderick initiated coverage on Veeva Systems (NYSE: VEEV) with a Hold rating. In the report, Stifel noted, “Veeva's IPO generated the level of anticipation typically reserved for high profile names such as Twitter, Splunk, Tableau, and Workday....

In a report published Thursday, Stifel analyst Tom Roderick reiterated a Buy rating on Marin Software (NYSE: MRIN), but lowered the price target from $20.00 to $18.00. In the report, Stifel noted, “On Wednesday, November 6, Marin reported 3Q13 results that came in slightly ahead of our...

In a report published Tuesday, Stifel analyst Tom Roderick downgraded the rating on Model N (NYSE: MODN) from Buy to Hold, and removed the $25.00 price target. In the report, Stifel noted, “After the close on Monday, Model N issued an 8-K and corresponding press release providing a financial...

In a report published Tuesday, Stifel analyst Tom Roderick initiated coverage on Cvent (NYSE: CVT) with a Buy rating and $41.00 price target. In the report, Stifel noted, “We believe that the market for Event Management software is still in the early stages, with Cvent at the forefront of the...

In a report published Friday, Stifel analyst Tom Roderick reiterated a Buy rating on salesforce.com (NYSE: CRM), and raised the price target from $53.00 to $60.00. In the report, Stifel noted, “On Thursday, August 29, after the close, salesforce.com reported F2Q14 results that were well ahead of...

In a report published Tuesday, Stifel analyst Tom Roderick upgraded the rating on Blackbaud (NASDAQ: BLKB) from Hold to Buy, and named a $51.00 price target. In the report, Stifel noted, “For over 7 years, we have covered Blackbaud with a Hold rating. Throughout those years, Blackbaud has...