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Analysts Voice Cautious Optimism On Intuit Following Q2 Earnings
Thursday, February 25, 2021 - 6:50pm | 466Read More...Shares of Intuit Inc. (NASDAQ: INTU) were losing ground Thursday after the Mountain View, California-based software company reported a year-over-year revenue decline in its fiscal Q2 earnings. Intuit's Numbers: Intuit posted $1.5 billion in second-quarter revenue, down 7% year-over-year. The...
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Is C3.ai The 'LeBron' Of Artificial Intelligence? 4 Analyst Takes On Recent IPO
Monday, January 4, 2021 - 4:58pm | 525Read More...One of the best-performing IPOs of 2020 was SaaS company C3.ai Inc (NASDAQ: AI). The stock priced at $42, above its initial range of $30 to $33, and closed at $161 in their first week of trading. Growth Ahead: C3.ai is called a disruptive enterprise software vendor by Wedbush analyst Daniel...
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The Street's Reaction To Intuit's Earnings: 'Feeling Better'
Friday, November 20, 2020 - 11:40am | 625Read More...TurboTax and QuickBooks parent company Intuit Inc. (NASDAQ: INTU) reported fiscal first-quarter results highlighted by a 14% revenue growth. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts RBC Capital Markets analyst Alex Zukin maintains an...
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Intuit Analyst Says TurboTax Owner Poised For Superior Revenue Growth, Margin Expansion
Friday, September 18, 2020 - 4:13pm | 245Read More...Financial and accounting software maker Intuit Inc's. (NASDAQ: INTU) differentiated product offering, large customer base, proprietary tech stack and focus on innovation and customers have positioned the company for superior revenue growth and margin expansion, according to Piper Sandler. The...
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4 Underappreciated New Money Ideas For The Second Half Of 2020
Friday, July 10, 2020 - 7:50am | 759Read More...Cloud-based SaaS companies have managed to generate outsized returns through the first half of 2020, and analysts at Piper Sandler picked four stocks that still hold promise. SaaS Valuations Double The Average: Analyst Brent Bracelin said the stocks are benefiting from rising investor...
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Wall Street Reacts To IBM's Weak Quarter
Thursday, October 17, 2019 - 1:07pm | 594Read More...IBM (NYSE: IBM) shares tumbled 6% on Thursday after the company missed consensus revenue expectations and reported its fifth consecutive quarter of negative sales growth. Third-quarter revenue was down 4% from a year ago, but IBM’s recently closed Red Hat acquisition was a silver lining. Red...
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Analysts On IBM: Solid Growth, But Cloud Is A Weak Spot
Thursday, July 18, 2019 - 2:34pm | 480Read More...IBM (NYSE: IBM) reported second-quarter results, which one analyst praised for showing growth in important areas while another said cloud revenue was a "real weak spot." The Analysts KeyBanc's Arvind Ramnani maintains at Sector Weight. Morgan Stanley's Katy Huberty doesn'...
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Pluralsight Analyst: Online Education Company Could Sustain 30% Growth In Near-Term
Wednesday, July 17, 2019 - 1:02pm | 361Read More...Pluralsight Inc (NASDAQ: PS) addresses a large and expanding market and could sustain more than 30% growth in the near-term given “its cloud-based platform, differentiated content generation and highly referenceable marquee client base,” according to KeyBanc Capital...
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KeyBanc: 2U Poised To Disrupt Higher Education Market
Wednesday, July 17, 2019 - 11:19am | 334Read More...While shares of 2U Inc (NASDAQ: TWOU) reflect recent obstacles and potential near-term challenges, the company is a differentiated technology provider in a very large market that has been bolstered by the recent acquisition of Trilogy, according to KeyBanc Capital Markets. The Analyst Arvind...
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KeyBanc Downgrades Cognizant: 3 Reasons Why
Friday, May 3, 2019 - 11:18am | 369Read More...Cognizant Technology Solutions Corp (NASDAQ: CTSH) reported Thursday after the close with below-consensus first-quarter revenue and reduced its full-year guidance, citing weakness in the financial and health care verticals. The Analyst KeyBanc Capital Markets analyst Arvind Ramnani...
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Cloud, Services Strong Again For IBM, But Earnings Reaction Tepid
Wednesday, April 17, 2019 - 4:46pm | 348Read More...Momentum in services and growth in the cloud business were bright spots in IBM (NYSE: IBM)’s earnings report, but reactions to the print on the Street were muted, as focus now shifts to Big Blue’s acquisition of open source cloud software company Red Hat. The Analsyts Wedbush’s...
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KeyBanc Takes Bullish Stance On Paylocity, Sees Attractive Opportunity In HR Software
Wednesday, April 17, 2019 - 10:32am | 420Read More...HR software represents a large and attractive opportunity, and Paylocity Holding Corp (NASDAQ: PCTY) is a niche HR SaaS provider in the underserved small-to-medium-size business market, according to KeyBanc Capital Markets. The Analyst Arvind Ramnani initiated coverage of Paylocity...
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KeyBanc Upgrades Q2 Holdings On Growing Total Addressable Market
Wednesday, January 23, 2019 - 12:39pm | 375Read More...The recent pullback in Q2 Holdings Inc (NYSE: QTWO) shares offers a near-term investment opportunity in a niche company that continues to increase its total addressable market, according to KeyBanc Capital Markets. The Analyst Analyst Arvind Ramnani upgraded Q2 Holdings from Sector Weight to...
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4 Tech Companies Seeing High Demand For Blockchain Services
Friday, May 18, 2018 - 11:25am | 529Read More...KeyBanc Capital Markets is increasingly positive on blockchain following a recent investor events and projects the services market will grow to $11 billion by 2022. The sell-side firm highlighted Accenture Plc (NYSE: ACN) and IBM (NYSE: IBM) as two companies that are well-positioned for the trend....
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Analyst: Muted Expectations For IBM Heading Into Q1 Earnings
Friday, April 13, 2018 - 3:07pm | 321Read More...Expectations for IBM (NYSE: IBM)'s first quarter report are "muted," but KeyBanc says there's reason to be "positively biased" heading into the print. The Analyst KeyBanc Capital Markets' Arvind Ramnani maintains a Sector Weight rating on IBM's stock with no...
