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Why This Analyst Believes Oracle Is Unlikely To Acquire NetSuite
Wednesday, July 13, 2016 - 11:30am | 379NetSuite Inc (NYSE: N) shares rallied more than 10 percent on press speculations that Oracle Corporation (NYSE: ORCL) was interested in acquiring the company. However, Cowen’s J. Derrick Wood maintains an Underperform rating on NetSuite, with a price target of $70, citing the unlikeliness of...
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Susquehanna Cuts Oracle Estimates, Sees More FX Headwinds
Friday, December 4, 2015 - 4:08pm | 379Oracle Corporation (NYSE: ORCL) will report its second quarter (fiscal 2016) financial results later this month. The call is expected some time around December 16. In a report issued Friday, Susquehanna analysts J. Derrick Wood and Rakesh Kumar trimmed their estimates for the quarter. The...
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Salesforce Earnings Preview: What Wall Street's Top Analysts Are Saying
Wednesday, May 20, 2015 - 10:24am | 743Salesforce.com, inc. (NYSE: CRM) is scheduled to report its first quarter results Wednesday after market close. The Estimize Consensus earnings per share estimate (based on 57 estimates) is $0.15 on revenue of $1.508 billion. This compares to the Wall Street estimate calling for an earnings per...
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UPDATE: Susquehanna Upgrades Red Hat On Stabilization
Friday, August 1, 2014 - 3:52pm | 180Red Hat (NYSE: RHT) saw its shares upgraded by Susquehanna to the equivalent of Buy on a stabilizing growth rate of its core product and increasing contributions from new offerings. Red Hat, which provides open-source business software, is up four percent year to date, slightly underperforming...