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5 HubSpot Analysts Raise Their Price Targets After Better-Than-Expected Earnings
Friday, February 17, 2023 - 11:16am | 580Shares of HubSpot Inc (NYSE: HUBS) continued spiked on Friday, after the company reported quarterly results. Piper Sandler analyst Brent Bracelin maintained an Overweight rating, while raising the price target from $350 to $450. Needham analyst Joshua Reilly reiterated a Buy rating, while raising...
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IBM Stock Is Falling After Q4 Earnings: Why These Analysts Are Holding Their Breath On The 'Show-Me Story' Name
Thursday, January 26, 2023 - 3:34pm | 775Several analysts were out with new notes on IBM (NYSE: IBM) following the company's fourth-quarter results, which sparked a 5% slide in shares. Here's a quick rundown of the report and why analysts were pointing to a "loaded" second half of the year...
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7 Adobe Analysts On Q4 Earnings: 'First Clean Quarter In A Year'
Friday, December 16, 2022 - 12:04pm | 697Adobe Inc (NASDAQ: ADBE) reported fourth-quarter revenues that were in-line with the consensus estimate, while delivering an earnings beat. Here's what the Street has to say Friday. Piper Sandler On Adobe Analyst Brent Bracelin maintained an Overweight rating while raising the...
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6 Zscaler Analysts Give Their Takes On Upbeat Earnings, Guidance
Friday, September 9, 2022 - 12:00pm | 656Shares of Zscaler Inc (NASDAQ: ZS) spiked close to 11% in Thursday’s after-hours session, after the company reported upbeat quarterly results, with earnings and revenue beating Street expectations. BMO Capital Markets On Zscaler Analyst Keith Bachman maintained an Outperform rating, while...
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Why This Analyst Expects Fortinet Shares To Climb Even During Recession
Tuesday, June 28, 2022 - 12:22pm | 242Fortinet Inc (NASDAQ: FTNT) is well-positioned as security is likely to remain a priority within IT spending even in the event of a recession, according to BMO Capital Markets. The Fortinet Analyst: Keith Bachman upgraded the rating for Fortinet to Outperform, while raising the price...
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Not All Cloud Cloud Companies Are Equal: 4 Analysts Cautious On Oracle After Q4, Here's Why
Tuesday, June 14, 2022 - 5:18pm | 530Shares of Oracle Corporation (NYSE: ORCL) are trading higher Tuesday after the company reported fourth-quarter earnings results after market close Monday. Here are what analysts had to say about the company’s latest report and what’s ahead. The Oracle Analysts: Bank of America analyst...
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9 Salesforce Analysts React To Q1 Earnings Beat: 'Next Quality Software GARP Stock'
Wednesday, June 1, 2022 - 11:38am | 1003Salesforce Inc (NYSE: CRM) shares jumped Wednesday morning after the company reported first-quarter earnings and raised its profit forecast. On Tuesday, Salesforce reported adjusted first-quarter EPS of 98 cents on $7.41 billion in revenue. Both numbers beat consensus analyst estimates of 94 cents...
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7 Analysts On Palo Alto Networks Earnings: Upbeat Results Despite 'Continued Tough Supply Environment'
Friday, May 20, 2022 - 11:50am | 670Palo Alto Networks Inc (NASDAQ: PANW) reported revenues and earnings for its fiscal third-quarter ahead of expectations. BofA Securities On Palo Alto Networks: Analyst Tal Liani reiterated a Buy rating and a price target of $650. “Palo Alto Networks continues to draw strength from its new...
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'Modestly Better': 4 IBM Analysts React To Impressive Earnings Report
Wednesday, April 20, 2022 - 2:51pm | 476IBM (NYSE: IBM) shares traded higher by 7.7% on Wednesday after the company reported a first-quarter earnings beat as it continues to restructure its company. On Tuesday, IBM reported first-quarter adjusted EPS of $1.40 on revenue of $14.2 billion. Both numbers topped consensus analyst estimates of...
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Salesforce Stock Jumps After Q2 Earnings: 8 Analysts React To Big Deals And Impressive Growth
Thursday, August 26, 2021 - 4:04pm | 737Salesforce.com, inc. (NYSE: CRM) traded higher by 4.6% on Thursday after the company reported impressive second-quarter earnings numbers and raised its full-year guidance. On Wednesday, Salesforce reported second-quarter adjusted EPS of $1.48 on revenue of $6.34 billion. Both numbers exceeded...
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Adobe Analysts Mostly Bullish On Q3 Subscription Growth, Margin Expansion: 'The Great Digital Awakening'
Wednesday, September 16, 2020 - 4:02pm | 815Adobe Inc (NASDAQ: ADBE) reported strong third-quarter results Tuesday. Here's what five analysts had to say after the print. The Adobe Analysts: BofA Securities analyst Kash Rangan reiterated a Buy rating on Adobe shares with a $570 price target. BMO Capital Markets...
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Microsoft Analysts See 20% Upside Following Across-The-Board Q2 Beat
Thursday, January 30, 2020 - 12:20pm | 1002Microsoft Corporation (NASDAQ: MSFT) reported stellar fiscal-year second-quarter results, sending shares higher. Microsoft reported quarterly earnings of $1.51 per share, which beat the analyst consensus estimate of $1.32. This is a 37% increase over earnings of $1.10 per share from the same period...
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BMO Waits On The Sidelines For Better Momentum At Check Point Software
Tuesday, October 29, 2019 - 12:07pm | 262Check Point Software Technologies Ltd. (NASDAQ: CHKP) reported its third-quarter results and announced fourth-quarter guidance broadly in-line with expectations. The company “did little” to address investor concerns around its longer-term growth potential, according to BMO Capital...
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Microsoft In The Clouds With Q1 Earnings Report On Continued Strong Azure Performance
Thursday, October 24, 2019 - 11:44am | 641For Microsoft Corporation (NASDAQ: MSFT), the future is getting less cloudy every quarter — it’s in the cloud. With Azure cloud services again boosting the balance sheet, with some help from Windows subscription growth, Microsoft reported a robust first quarter, with earnings and...
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Infosys Continues To Face Margin Pressure, BMO Says
Monday, October 14, 2019 - 3:05pm | 261While Infosys Ltd ADR (NYSE: INFY) reported revenue growth for the second quarter, its margins continued to contract, according to BMO Capital Markets. The Analyst BMO’s Keith Bachman maintained a Market Perform rating on Infosys, reducing the price target from $12.50 to $12.00. The Thesis...