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Is Splunk A Good Investment After Cisco Deal Announcement? 7 Analysts Weigh In
Friday, September 22, 2023 - 12:34pm | 894Shares of Splunk Inc (NASDAQ: SPLK) rose in early trading on Thursday, after Cisco Systems Inc (NASDAQ: CSCO) announced its intention to acquire the company for $157 per share. BMO Capital Markets On Splunk Analyst Keith Bachman downgraded the rating from Outperform to Market Perform, while raising...
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CrowdStrike's Fal.Con Event: AI Takes Center Stage, 6 Analysts Dive Deeper Into Tradeshow
Thursday, September 21, 2023 - 12:10pm | 649CrowdStrike Holdings Inc (NASDAQ: CRWD) Tuesday announced the launch of cybersecurity's first zero-code application development platform. Needham analyst Alex Henderson maintained a Buy rating, while raising the price target from $200 to $215. Mizuho Securities analyst Gregg Moskowitz...
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UiPath Touts Solid Customer Growth, 'Healthy Pipeline' As Analysts Raise Forecasts
Thursday, September 7, 2023 - 10:18am | 342Shares of UiPath Inc (NYSE: PATH) Thursday traded higher in the pre-market, despite a class action lawsuit by Robbins LLP. UiPath filed its quarterly results on Wednesday, amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. RBC Capital Markets analyst...
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Okta Rockets Higher On Strong Q2 Print: Analysts Cheer 'Renewed Focus On Efficient Growth'
Thursday, August 31, 2023 - 12:14pm | 650Shares of Okta Inc (NASDAQ: OKTA) were flying higher on Thursday after the company reported its fiscal second-quarter earnings. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. BMO Capital Markets On Okta Analyst Keith Bachman...
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Salesforce Delivers Upside 'Across The Board': 5 Analysts React To Strong Q2 Performance
Thursday, August 31, 2023 - 11:21am | 629Shares of Salesforce Inc (NYSE: CRM) spiked in early trading on Thursday, after the company reported better-than-expected quarterly results and issued strong guidance. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. BMO Capital...
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Is Splunk's Stock Surge Backed By FY Forecast? 4 Analysts Examine FQ2 Results
Thursday, August 24, 2023 - 1:06pm | 559Shares of Splunk Inc (NASDAQ: SPLK) rallied in early trading on Thursday, after the company reported fiscal second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Mizuho Securities On Splunk Analyst Gregg Moskowitz...
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5 Analysts Size Up Microsoft Shares After Q4 Earnings: 'In The Early Innings Of A Massive Penetration Of AI And Cloud'
Wednesday, July 26, 2023 - 12:25pm | 809Shares of Microsoft Corp (NASDAQ: MSFT) are trading lower Wednesday after the company reported fourth-quarter financial results after market close Tuesday. Analysts break down the highlights of the quarter and what’s ahead for the technology giant. The Microsoft Analysts: BMO analyst...
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Why This Adobe Analyst Is 'More Positive On AI'
Wednesday, June 21, 2023 - 12:17pm | 291Shares of Adobe Inc (NASDAQ: ADBE) fell slightly in early trading on Wednesday, after having jumped on the company’s fiscal second-quarter results. The company is well positioned to capture price/mix and new users through generative artificial intelligence (AI), according to BMO Capital...
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Palo Alto Networks Sees Stock Surge After Reporting Strong Earnings And Upping Guidance: 5 Analysts React
Wednesday, May 24, 2023 - 11:24am | 690Shares of Palo Alto Networks Inc (NASDAQ: PANW) were climbing higher on Wednesday, after the company reported upbeat quarterly results and raised its full-year guidance. The report came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. BMO Capital...
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4 Adobe Analysts On Q4 Earnings: 'The Creator Economy Remains Healthy'
Thursday, March 16, 2023 - 11:11am | 630Shares of Adobe Inc (NASDAQ: ADBE) were surging Thursday after the company reported upbeat fourth-quarter earnings. Here's what the Street has to say. Piper Sandler On Adobe Analyst Brent Bracelin maintained an Overweight rating and $415 price target. “Despite a challenging...
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3 Oracle Analysts On 'Solid' Earnings: The Most Resilient Name In Software?
Friday, March 10, 2023 - 12:15pm | 386Shares of Oracle Corporation (NYSE: ORCL) fell in the premarket on Friday, even after the company reported strong fourth-quarter earnings. Mizuho Securities analyst Siti Panigrahi maintained a Buy rating and price target of $116. JMP Securities analyst Patrick Walravens reaffirmed a Market Perform...
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6 Zscaler Analysts On Disappointing Results, Guidance - But There Are 'Positives'
Friday, March 3, 2023 - 11:08am | 710Shares of Zscaler Inc (NASDAQ: ZS) crashed in the premarket session on Friday, despite the San Jose, California-based company reporting an earnings beat for its fourth quarter. Needham analyst Alex Henderson maintained a Strong Buy rating and price target of $210. Wedbush analyst Daniel Ives...
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These 5 Okta Analysts Changed Their Price Targets After FQ4 Print
Thursday, March 2, 2023 - 12:05pm | 587Shares of Okta Inc (NASDAQ: OKTA) climbed steeply in early trading on Thursday, after the company reported an earnings beat for its fourth quarter. Stephens analyst Brian Colley maintained an Equal-Weight rating, while raising the price target from $70 to $84. BMO Capital analyst Keith Bachman...
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7 Salesforce Analysts On Q4 Earnings: 'Nearly Everything Investors Could Hope For'
Thursday, March 2, 2023 - 11:19am | 806Shares of Salesforce Inc (NYSE: CRM) were rallying Thursday morning after the company reported a fourth-quarter beat. Here's what the Street has to say. JMP Securities On Salesforce Analyst Patrick Walravens reiterated a Market Outperform rating and price target of $250....
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These 6 Palo Alto Networks Analysts Are Happy With FQ2 Print
Wednesday, February 22, 2023 - 12:25pm | 679Shares of Palo Alto Networks Inc (NASDAQ: PANW) jumped in Wednesday’s premarket session, after the company reported quarterly earnings. KeyBanc Capital Markets analyst Michael Turits reaffirmed an Outperform rating, while raising the price target from $210 to $230. Guggenheim Securities...