Zane Chrane

Open source solution provider Red Hat Inc (NYSE: RHT) on Monday reported its third-quarter results, but didn't host a conference call or offer guidance due to the already announced acquisition by IBM (NYSE: IBM). The Analysts KeyBanc Capital Markets' Alex Kurtz maintains a Sector Weight...

Data company Teradata Corporation (NYSE: TDC)’s new subscription and rental offerings are likely to drive strong annual recurring revenue growth through 2020, according to Bernstein.  The Analyst Zane Chrane of Bernstein upgraded Teradata shares from Underperform to Market-Perform and...

Red Hat Inc (NYSE: RHT) shares jumped more than 4.2 percent Tuesday after the company’s second-quarter earnings report topped market expectations. A number of Wall Street analyst weighed in on Red Hat following the report. Here’s a rundown of what they had to say. Voices From The Street...

Bernstein recommends ServiceNow Inc (NYSE: NOW) as a perfect gift for children, given its view that it is a high-quality, long-term growth opportunity. Not Getting Its Due Analyst Zane Chrane believes the consensus revenue forecasts for the company do not give sufficient credit to the company for...

Bernstein has named Tableau Software Inc (NYSE: DATA) its most likely Outperformer in the Mid-Cap Software Space based on a risk/reward basis and set a price target of $79. While the stock has lagged over the last 18 months under old management, Bernstein analyst Zane Chrane doesn't expect this...

Bernstein initiated coverage of SMID-Cap U.S. software stocks such as Tableau Software Inc (NYSE: DATA), ServiceNow Inc (NYSE: NOW), Autodesk, Inc. (NASDAQ: ADSK), Hortonworks Inc (NASDAQ: HDP), Red Hat Inc (NYSE: RHT) and Teradata Corporation (NYSE: TDC). Tableau Software –...

Bernstein analysts believe Abode Systems Incorporated (NASDAQ: ADBE) had a healthy beat in the second quarter. The brokerage has an Outperform rating on shares and boosted the price target to $114 from $113. The analysts think Abode is not only moving its existing customers, who historically...