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Email's Not Dead: Canaccord Buys SendGrid For 'Obvious' Cash Flow Potential
Wednesday, April 25, 2018 - 3:47pm | 400Read More...SendGrid Inc (NYSE: SEND) is up 58 percent since its December initial public offering, but one analyst still sees room to run. The Rating Canaccord Genuity analysts Richard Davis and David Hynes Jr. initiated coverage of SendGrid with a Buy rating and a $32 price target. The Thesis By Canaccord...
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MuleSoft Could Post Several Quarterly Beats, Analyst Says
Monday, October 23, 2017 - 1:27pm | 402Read More...Canaccord Genuity said in a note it believes Mulesoft Inc (NYSE: MULE) will post several at least somewhat better-than-expected consensus expectation quarters. If that is the case, the firm said its valuation is not as expensive as it appears. The firm thinks the stock could outperform the...
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Nuance Could Eventually See Its Way Back To $20
Friday, November 18, 2016 - 2:28pm | 231Read More...Nuance Communications Inc. (NASDAQ: NUAN) closed out 2016 with Q4 results after the market close on Thursday, beating Street estimates across the board. After the beat, Canaccord Genuity analyst David Hynes Jr. sees a return to growth and recovery to $20. $20 Trading Price: Not An Unreasonable...
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Box's Current Valuation Still Holds Upside For Investors Who Missed Lower Level Entrance
Monday, September 12, 2016 - 3:49pm | 355Read More...Close on the heels of Box Inc (NYSE: BOX) delivering another quarter of positive earnings surprise, Canaccord Genuity believes the stock still presents an opportunity for upside potential. Therefore, the brokerage advised investors who missed earlier entrances to buy the stock. The firm maintains...
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Five9 Shares Climb After Q4 Results, Outlook Top Street View
Wednesday, February 24, 2016 - 4:26pm | 514Read More...Shares of Five9 Inc (NASDAQ: FIVN) surged 10 percent after the provider of cloud software for contact centers reported better-than-expected results for the fourth quarter. The company's revenue outlook for the first quarter and full year also topped Street view. The company reported a loss...
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Canaccord On Five9: 'This Break Out Should Have Legs'
Thursday, December 3, 2015 - 1:58pm | 347Read More...Shares of Five9 Inc (NASDAQ: FIVN) have gained more than 75 percent over the past three months. David Hynes Jr. of Canaccord Genuity maintained a Buy rating on Five9's shares with a price target raised to $9 from a previous $8. The analyst noted the company has meaningful operating...
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Canaccord Sees Opower As Top 'Bounce Back' Candidate For 2016
Wednesday, November 11, 2015 - 3:13pm | 428Read More...Shares of Opower Inc (NYSE: OPWR) were trading up about 2 percent on Wednesday. The company reported above-consensus third-quarter financial results after the market closed on Tuesday. Following the earnings call, analysts at Canaccord reiterated a Buy rating and $14 price target on the shares....
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Wall Street Analysts Jump On Board Lifelock
Thursday, October 29, 2015 - 10:28am | 285Read More...Lifelock Inc (NYSE: LOCK) shares are down 31 percent year-to-date, despite spiking 52 percent since July 30. Canaccord Genuity’s David Hynes Jr maintained a Buy rating on the company, while raising the price target from $14 to $17. The proposed settlement with the FTC is positive...
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Box Inc Is Close To A Bottom, Canaccord Analysts Say
Friday, September 25, 2015 - 3:34pm | 364Read More...Canaccord upgraded shares of Box Inc (NYSE: BOX) from Buy to Hold on Thursday, as its decline seems close to an end. However, the firm maintained its price target of $18.00. Shares of Box are down almost 1 percent on Friday trading. Box’s stock has lost more than 44 percent since it started...
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How The Street Is Playing Workday's Post-Earnings Decline
Thursday, August 27, 2015 - 11:45am | 932Read More...Shares of Workday Inc (NYSE: WDAY) were trading higher by more than 2 percent Thursday after the company reported mixed second-quarter results on Wednesday. Workday said that it lost $0.37 per share in the second quarter, which fell short of the $0.06 per share loss analysts were expecting. On...
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Canaccord Ahead Of LifeLock's Q2 Results: Warns Of 'More Questions Than Answers'
Tuesday, July 28, 2015 - 5:13pm | 439Read More...Lifelock Inc (NYSE: LOCK) is expected to report its second quarter financial results on Wednesday. Canaccord analysts Richard Davis Jr., David Hynes Jr. and Mark Belcarz previewed the numbers, expecting earnings of $0.09 per share on revenue of $143.5 million. These estimates stand in line with...
