-
Why This DocuSign Analyst Has Just Turned Bearish
Tuesday, February 21, 2023 - 11:46am | 285Shares of DocuSign Inc (NASDAQ: DOCU) came under pressure last week, after the company announced plans to slash 10% of its workforce. The latest layoff announcement sends “a negative demand signal” about the company’s growth in fiscal 2024, which the stock does not reflect,...
-
Benzinga Bulls And Bears Of The Past Week: Tesla, ViacomCBS, Tilray, Salesforce And More
Saturday, January 8, 2022 - 11:53am | 954Benzinga has examined the prospects for many investor favorite stocks over the past week. Last week's bullish calls included a top electric vehicle manufacturer and a media company making waves with its streaming service. A Chinese e-commerce company along with a Canadian cannabis giant ...
-
UBS Upgrades Workday On Back-Office Recovery
Tuesday, November 16, 2021 - 4:41pm | 205Workday Inc’s (NASDAQ: WDAY) prospects have improved, with customers and partners projecting stronger-than-expected spending and practice growth and indicating a greater focus on their Human Resource systems due to labor constraints, according to UBS. The Workday Analyst: Karl Keirstead...
-
Why Zoom Video's Stock Is Trading Higher Today
Friday, June 4, 2021 - 11:02am | 326Zoom Video Communications Inc (NASDAQ: ZM) is trading higher Friday after Cathie Wood purchased 96,123 shares for the ARK Innovation ETF (ARCA:ARKK). What Happened: On Tuesday, Zoom Video reported quarterly earnings of $1.32 per share, which beat the estimate of 99 cents. The company reported...
-
Why MongoDB's Stock Is Trading Higher Today
Friday, June 4, 2021 - 9:35am | 261MongoDB Inc (NASDAQ: MDB) is trading higher Friday morning after the database software company announced better-than-expected financial results. What Happened: MongoDB reported a first-quarter earnings loss of 15 cents per share, which beat the estimate for a loss of 37 cents per share. The...
-
Amazon, DocuSign, Morgan Stanley, And More — UBS' Conviction Picks For 2021
Wednesday, December 16, 2020 - 9:22am | 890UBS Group AG (NYSE: UBS) equity strategist Keith Parker gave the top 10 conviction stock picks for 2021, which, according to him, have an upside potential based on their “exposure to key themes” in 2021, CNBC reports. Parker factored in upside to price target, risk/...
-
Tableau Software Upgraded By Deutsche Bank On 'Growing Evidence' Of Demand Strength
Wednesday, August 1, 2018 - 10:35am | 382Deutsche Bank has been recommending investors keep an eye on the analytics firm Tableau Software Inc (NYSE: DATA)'s turnaround story, but an intense competitive landscape prevented the firm from turning bullish — until now. The Analyst Deutsche Bank's Karl Keirstead upgraded Tableau...
-
Analysts Initiate Coverage Of DocuSign Following IPO Quiet Period
Tuesday, May 22, 2018 - 2:53pm | 456The quiet period following the IPO Docusign Inc (NASDAQ: DOCU) has ended, and several Wall Street analysts have weighed in on the stock. Here’s a rundown of what they’ve had to say. Voices From The Street Citi analyst Walter Prichard said DocuSign is a potential SaaS market leader....
-
Cloudera Issues Weak Guidance; Deutsche Bank Downgrades On Risk Of 'Demand Shift'
Wednesday, April 4, 2018 - 10:35am | 349Cloudera Inc (NYSE: CLDR) reported better-than-expected fourth-quarter results after the close Tuesday, but issued weak guidance for the first quarter of 2019 as well as the full fiscal year. The stock reacted to the sour guidance with a steep move to the downside. The Analyst Reviewing...
-
Analyst: Palo Alto Now Has Better Opportunity To Outperform
Tuesday, January 23, 2018 - 3:14pm | 342After being on the sidelines for more than 18 months on network security vendor Palo Alto Networks Inc (NYSE: PANW), Deutsche Bank has moved in. The Analyst Deutsche Bank analyst Karl Keirstead upgraded shares of Palo Alto from Hold to Buy, and upped his price target from $160 to $180. Goldman...
-
6 Analysts Review Salesforce's 'Strong' Q3
Wednesday, November 22, 2017 - 2:02pm | 1014salesforce.com, inc. (NYSE: CRM) reported third quarter earnings and guidance Tuesday. Here's a recap of what some of Wall Street's top analysts are saying after the print: 'Good Place To Be In 2018' Canaccord Genuity's Richard Davis maintains a Buy rating on...
-
Here's What Analysts Are Saying About FANG Stocks Reporting Earnings This Week
Tuesday, October 24, 2017 - 2:25pm | 668Amazon.com, Inc. (NASDAQ: AMZN) and Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) are among the FANG stocks due to report earnings during this week. Both are scheduled to report after the market close Oct. 26. Netflix, Inc. (NASDAQ: NFLX), another component of the FANG group, reported last...
-
A 'Top-To-Bottom Beat' From Palo Alto In Q4; Is CFO Exit A Concern?
Friday, September 1, 2017 - 11:21am | 389Shares of Palo Alto Networks Inc (NYSE: PANW) were trading higher by more than 10 percent Friday morning in reaction to the company's better-than-expected earnings report, which also included an executive change. Deutsche Bank's Karl Keirstead maintains a Hold rating on Palo Alto's stock with an...
-
Workday Performance Review: Q2 Meets Or Exceeds Even The Highest Expectations
Thursday, August 31, 2017 - 11:56am | 461Reviewing Workday Inc (NYSE: WDAY)'s fiscal year 2018 second-quarter results, Deutsche Bank said the quarterly print met its high expectations. As such, the firm maintains its Hold rating but raised its price target for the shares from $95 to $105, given the solid tone of the print. At time...
-
What Wall Street Thinks About Salesforce's Q2 Earnings
Wednesday, August 23, 2017 - 3:15pm | 674Salesforce.com, inc. (NYSE: CRM) hit a new all-time high of $94.63 Wednesday after the company managed to report a top and bottom-line beat in its second-quarter earnings. With the stock up more than 35 percent since the start of 2017 alone, are analysts optimistic there is room for further gains...