Brendan Barnicle

Pacific Crest on Monday upgraded shares of Autodesk (NASDAQ: ADSK) from Sector Perform to Outperform and announced a $60 price target. Analyst Brendan Barnicle's channel checks indicate resellers are “expecting 5% to 15% FQ1 (April) revenue growth, which is far better than consensus of a slight...

Shares of Salesforce.com (NYSE: CRM) are down four percent to $55.83 in the face of some bullish comments from Pacific Crest. Analyst Brendan Barnicle sees 30+ percent growth annually under President Keith Block, who gave a presentation at Pacific Crest's Future of IT Tech Investor Forum on...

In a report published Monday, Pacific Crest Securities analyst Brendan Barnicle reiterated a Sector Perform rating on Autodesk (NASDAQ: ADSK). In the report, Pacific Crest Securities noted, “October improved for Autodesk. Business in the United States, United Kingdom, Germany, Spain and Italy...

In a report published Friday, Pacific Crest Securities analyst Brendan Barnicle reiterated an Outperform rating and $50.00 price target on Guidewire Software (NYSE: GWRE). In the report, Pacific Crest Securities noted, “After meeting with Guidewire's CEO, Marcus Ryu, and CFO, Karen Blasing, we...

In a report published Wednesday, Pacific Crest Securities analyst Brendan Barnicle reiterated an Outperform rating on Splunk (NASDAQ: SPLK), and raised the price target from $58.00 to $64.00. In the report, Pacific Crest Securities noted, “The developer enthusiasm for Splunk and its new features...

In a report published Friday, Pacific Crest Securities analyst Brendan Barnicle reiterated an Outperform rating on Aspen Technology (NASDAQ: AZPN), and raised the price target from $35.00 to $40.00. In the report, Pacific Crest Securities noted, “AspenTech posted FQ4 (June) revenue of $83.3...

Analysts at Pacific Crest rate Oracle (NASDAQ: ORCL) as Outperform, but note a lack of meaningful improvement in business. They determine that “most of the reason for the delay in the Sun business has been due (to) Oracle’s move to more direct Sun sales, and the overall Oracle integration.” The...

Microsoft (NASDAQ: MSFT) is slated to release its quarterly financial numbers after the market closes today. According to CNBC's Jim Goldman, markets are expecting Microsoft to announce an EPS of $0.59 for Q4. He also said that Microsoft has brighter prospects now, owing to the improving global...