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4 Qualtrics Analysts Are Staying On Sidelines, Despite Growth Prospects
Tuesday, February 23, 2021 - 5:26pm | 696Read More...Experience management software provider Qualtrics International Inc (NASDAQ: XM) debuted Jan. 28 on Wall Street. With the company's IPO quiet period expiring, sell-side analysts started coverage of the stock, and most are staying on the sidelines. The Qualtrics Analysts: BofA Securities...
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4 Palantir Analysts Debate Data Analytics Company's Mixed Q4, Eye End Of Lockup Period
Wednesday, February 17, 2021 - 12:02pm | 826Read More...Palantir Technologies Inc (NYSE: PLTR) shares lost 12.75% Tuesday in reaction to mixed fourth-quarter results. Here's what the Street has to say. The Palantir Analysts: Goldman Sachs analyst Christopher Merwin upgraded Palantir from Neutral to Buy and increased the price...
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4 Atlassian Analysts On The Q2 Print, Outlook
Friday, January 29, 2021 - 3:04pm | 620Read More...Trello's parent company Atlassian Corporation PLC (NASDAQ: TEAM) reported Thursday afternoon with fiscal-second quarter results that came in better than expected, as the company has continued to add new customers during the COVID-19 pandemic. Here's how some of the Street's...
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Morgan Stanley Upgrades Slack, Says Salesforce Deal At 'Full Valuation'
Wednesday, December 9, 2020 - 10:18am | 254Read More...Slack Technologies Inc (NYSE: WORK) has inked a definitive agreement to be acquired by customer relationship management behemoth Salesforce, Inc. (NYSE: CRM). The transaction is likely to receive the required stockholder and regulatory approvals, and another offer is unlikely to emerge, according...
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Zscaler, CrowdStrike Hit New Highs After Stellar Quarters: What The Sell-Side Says
Thursday, December 3, 2020 - 2:17pm | 778Read More...Shares of cloud security software companies Zscaler Inc (NASDAQ: ZS) and Crowdstrike Holdings Inc (NASDAQ: CRWD) are at record highs following the release of quarterly results. Both companies reported forecast-beating results and issued upbeat guidance for the calendar-year fourth quarter and the...
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6 Salesforce Analysts React To Slack Deal: 'Game-Changer Potential'
Wednesday, December 2, 2020 - 10:49am | 716Read More...Shares of salesforce.com, inc. (NYSE: CRM) were trading lower Wednesday after the company reported earnings and revenue beats in the third quarter but fell short of expectations for its fourth-quarter guidance. Salesforce also announced its intention to acquire Slack Technologies Inc (NASDAQ:...
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Morgan Stanley Downgrades Palantir, Says Risk/Reward Paradigm Shifts Decidedly Negative
Wednesday, December 2, 2020 - 9:37am | 400Read More...After being called out by short seller Citron last week as a "full casino," Palantir Technologies Inc (NYSE: PLTR) is facing further negative headlines. The Palantir Analyst: Morgan Stanley analyst Keith Weiss downgraded Palantir from Equal-weight to Underweight and lifted...
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The Street's Reaction To Intuit's Earnings: 'Feeling Better'
Friday, November 20, 2020 - 10:40am | 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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Palantir Analysts Mixed On Data Company, Debate Market Opportunity, Discounted Valuation
Monday, October 26, 2020 - 10:35am | 788Read More...With the IPO quiet period on Palantir Technologies Inc (NYSE: PLTR) expiring, sell-side initiations of the stock are underway. The Palantir Analysts: Morgan Stanley analyst Keith Weiss initiated coverage of Palantir with an Overweight rating and $13 price target. Credit Suisse analyst...
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Slack's Growing Work-From-Home Competition Triggers Morgan Stanley Downgrade
Wednesday, October 21, 2020 - 10:27am | 371Read More...A CIO survey indicates that Slack Technologies Inc (NYSE: WORK) has a weakening position in an intensifying competitive landscape, with Microsoft Corporation’s (NASDAQ: MSFT) Teams and Zoom Video Communications Inc (NASDAQ: ZM) gaining share, according to Morgan Stanley. The Slack...
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Why Morgan Stanley Is Upgrading Intuit, DocuSign
Monday, October 5, 2020 - 2:14pm | 460Read More...Morgan Stanley analysts turned bullish on Intuit Inc. (NASDAQ: INTU) and Docusign Inc (NASDAQ: DOCU) Monday, noting that both companies are trading at reasonable valuations given an impressive growth profile ahead. The Intuit, DocuSign Analysts: Keith Weiss upgraded Intuit from Equal-weight to...
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Shopify Analyst: E-Commerce Platform Could Sustain 30% CAGR Through 2030
Monday, October 5, 2020 - 10:32am | 257Read More...Although Shopify Inc (NYSE: SHOP) has an impressive, expansive vision and has exhibited strong execution to date, the stock is already pricing in its bright prospects, according to Morgan Stanley. The Shopify Analyst: Keith Weiss initiated coverage of Shopify with an Equal-Weight rating and $...
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Adobe Analysts Mostly Bullish On Q3 Subscription Growth, Margin Expansion: 'The Great Digital Awakening'
Wednesday, September 16, 2020 - 3:02pm | 815Read More...Adobe Inc (NASDAQ: ADBE) reported strong third-quarter results Tuesday. Here's what five analysts had to say after the print. The Adobe Analysts: BofA Securities analyst Kash Rangan reiterated a Buy rating on Adobe shares with a $570 price target. BMO Capital Markets...
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Oracle Analysts On The Sidelines After Q1 Beat: BofA Awaits Sustained Revenue Acceleration
Friday, September 11, 2020 - 5:20pm | 567Read More...Oracle Corporation (NYSE: ORCL) reported better-than-expected first-quarter results and guided above consensus estimates for the second quarter. Here's what the Street has to say. The Oracle Analysts: Stifel analyst Brad Reback maintained a Hold rating on Oracle and increased the...
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Wedbush Bullish On Zscaler After Q4 Report, Morgan Stanley Sticks To Sidelines
Thursday, September 10, 2020 - 1:32pm | 470Read More...Cloud security company Zscaler, Inc. (NASDAQ: ZS) reported Wednesday afternoon with fourth-quarter results that were highlighted by 55% year-over-year billings growth. Not all Street analysts are declaring the stock a longer-term winner. The Zscaler Analysts: Wedbush analyst Daniel Ives...
