Nandan Amladi

8x8, Inc. (NYSE: EGHT) reported mixed fourth-quarter results Tuesday. Although metrics are trending up, the cloud communications company has taken a conservative approach to guidance, which could keep the stock rangebound in the near term, according to Guggenheim Securities. The Analyst Nandan...

Global enterprise cloud communication company RingCentral Inc (NYSE: RNG) reported first-quarter results Monday that prompted three Street analysts to lift their price targets for the stock.  The Analysts Baird Equity Research's William Power maintained an Outperform rating on...

Twilio Inc (NASDAQ: TWLO) stock dropped 4 percent Wednesday after the company reported first-quarter earnings and revenue beats. Twilio reported a first-quarter net loss of $36.5 million, a 54 percent wider loss than the same quarter a year ago. Adjusted EPS was 5 cents, slightly above consensus...

Paychex, Inc. (NASDAQ: PAYX) reported third-quarter revenue and EPS that were marginally higher than expected Wednesday. The upside was driven by the recently acquired professional employer organization business, while revenue generation at management solutions missed consensus...

Field checks suggest positive trends for the human resources software platform Workday Inc (NASDAQ: WDAY), according to Guggenheim. Although Workday's 2019 results may be heavily weighted toward the back end, the company appears poised for multiyear, multiproduct growth, the sell-side firm...

Paylocity Holding Corp (NASDAQ: PCTY), a provider of cloud-based payroll processing and human resource management software, reported second-quarter earnings per share and revenue figures Wednesday that were ahead of expectations. The Analysts Guggenheim Securities analyst Nandan Amladi...

Cloud-based management software company Paycom Software Inc (NYSE: PAYC) reported fourth-quarter results that came in better than expected and helped boost the stock to a new 52-week high. The Analysts Guggenheim Partners' Nandan Amladi maintains a Neutral rating on Paycom Software with a price...

Paychex, Inc. (NASDAQ: PAYX) reported marginally better-than-expected Q2 results this week and maintained its 2019 guidance excluding the Oasis acquisition. The Analyst Guggenheim Securities’ Nandan Amladi maintains a Neutral rating on Paychex with an unchanged $75 price target. The...

Guggenheim analyst Nandan Amladi recently took a deep dive into the Professional Employer Organizations, or PEO, market and found that the growth trajectory for PEOs will likely slow in 2019 and the next phase of the industry will likely be consolidation. Amladi said there will still be plenty of...

Siris Capital announced on Oct. 5 that it has entered into a period of exclusivity with mobile cloud solutions provider Synchronoss Technologies, Inc. (NASDAQ: SNCR), with the exclusivity period expiring on Oct. 11. The Break-Up And The Patch Up Siris Capital indicated in the 13-D filing on Oct....

Intuit Inc. (NASDAQ: INTU)'s "clean" earnings beat in its fourth-quarter results reaffirmed the bullish case for owning the stock, analysts at Deutsche Bank commented in a research report. Analyst Nandan Amladi maintains a Buy rating on Intuit's stock with an unchanged $150 price...

Singling out one main reason for The Ultimate Software Group, Inc. (NASDAQ: ULTI)'s mixed quarter and tempered forward guidance, Deutsche Bank said mix shift skewing to larger customers will, in the near term, slow revenue growth and pressure margins. Accordingly, the firm downgraded the shares of...

Shares of Adobe Systems Incorporated (NASDAQ: ADBE) hit a new all-time high of $147.45 Wednesday after impressing investors with its earnings report. But are Wall Street analysts equally bullish on the company? Credit Suisse: Continued Momentum Adobe reported a strong earnings report in which...

Shares of Adobe Systems Incorporated (NASDAQ: ADBE) gained more than 3 percent Wednesday after the company reported a top- and bottom-line beat in its second-quarter earnings report. Deutsche Bank's Nandan Amladi felt the report was compelling enough to maintain a Buy rating on Adobe's...

Shares of Nuance Communications Inc. (NASDAQ: NUAN) climbed more than 10 percent after its better-than-expected results for the fourth quarter, driven by strong bookings and recurring revenues. “With recurring revenue expected to continue growing past 70 percent to 73 percent in FY17 and...