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Deutsche Remains Bullish On Intuit Despite Market's Reaction To Q3 Results, Guidance
Wednesday, May 25, 2016 - 11:30am | 292Intuit Inc. (NASDAQ: INTU) shares are down 3.2 percent in Wednesday’s session after the company reported revenue and earnings beats in fiscal Q3. Instead, the market seems to be focusing on managements cautious guidance for the rest of the year, including full-year Quick Books Online (QBO)...
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Deutsche Bank Expecting 'Solid' Results Out Of Intuit
Tuesday, May 24, 2016 - 10:17am | 302With Intuit Inc. (NASDAQ: INTU) scheduled to report its F3Q16 results on May 24, Deutsche Bank’s Nandan Amladi expects upside to the consensus revenue and EPS expectations. Amladi reiterated a Buy rating on the company, with a price target of $125. F3Q16 Upside The analyst mentioned that...
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What's Going On With Nuance Communications?
Tuesday, November 17, 2015 - 2:11pm | 376Shares of Nuance Communications Inc. (NASDAQ: NUAN) surged higher by nearly 15 percent on Tuesday, hitting a new 52-week high of $19.56. Nuance reported its fourth-quarter earnings topped expectations. Nandan Amladi of Deutsche Bank maintained a Buy rating with a price target raised to $30 from a...
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Don't Sell Lifelock Stock On FTC Investigation, Deutsche Bank Reiterates
Wednesday, July 22, 2015 - 10:50am | 271In a report published Wednesday, Deutsche Bank analyst Nandan Amladi maintained a Buy rating on Lifelock Inc (NYSE: LOCK), while reducing the price target from $26 to $20, on account of legal uncertainty related to FTC charges against the company. Amladi pointed out that the near 50 percent...
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Is Wall Street Missing Intuit's April Guidance Boost?
Thursday, May 21, 2015 - 2:33pm | 422Intuit Inc. (NASDAQ: INTU) is likely to beat Wall Street's quarterly earnings consensus later Thursday, according to several analysts who are divided on whether the stock is worth its premium price. The do-it-yourself tax software company changed hands recently at 104.54 up $1.21. The...
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Analyst: Neustar Likely To Lose FCC Contract
Friday, March 6, 2015 - 8:23am | 254Neustar Inc (NYSE: NSR) is likely to lose a key contract for the administration of phone number portability, an analyst said Thursday. Neustar shares are off 14 percent since a draft recommendation was published Wednesday by the Federal Communications Commission which recommended...
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Deutsche Bank Sees Better Visibility Into Revenue Transition For Nuance Communications
Thursday, November 20, 2014 - 11:25am | 139In a report published Thursday, Deutsche Bank analyst Nandan Amladi reiterated a Buy rating and $25.00 price target on Nuance Communications (NASDAQ: NUAN). In the report, Deutsche Bank noted, “NUAN shares are flat this year vs. the NASDAQ up 12%, on continuing concerns about NUAN's revenue...
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Adobe Up 8% To All-Time High; Analysts Divided On Value
Wednesday, June 18, 2014 - 3:55pm | 236Adobe Systems (NASDAQ: ADBE) rose more than eight percent to an all-time high Wednesday after beating the second-quarter consensus, while analysts pondered the performance. At issue is the investment value of rapid subscription growth in the company's Cloud segment. Adobe expects the...
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Nuance Goes Higher As Bullish Analysts Chime In Following Rumor
Tuesday, June 17, 2014 - 3:05pm | 228Nuance Communications (NASDAQ: NUAN) shares continue to trade up Tuesday after analysts gave credence to a report that the voice-powered technology company may be acquired by Samsung Electronics and private equity investors. Nuance changed hands recently at $19.21 a share, up 2.37 percent after...
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UPDATE: Deutsche Bank Upgrades Oracle Following an Underperforming Year
Thursday, January 23, 2014 - 3:44pm | 201In a report published Wednesday, Deutsche Bank analyst Nandan Amladi transferred coverage to Karl Keirstead who upgraded the rating for Oracle (NYSE: ORCL) from Hold to Buy and raised the price target from $33.00 to $45.00. Keirstead noted that shares of Oracle were up 13% in 2013, underperforming...
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UPDATE: Deutsche Bank Upgrades Microsoft, Comments on "Cheap" Shares
Thursday, January 23, 2014 - 3:30pm | 210In a report published Wednesday, Deutsche Bank analyst Nandan Amladi transferred coverage to Karl Keirstead who upgraded the rating for Microsoft (NASDAQ: MSFT) from Hold to Buy and raised the price target from $32.00 to $40.00. Keirstead noted that despite the worst y/y declines for PC unit...
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UPDATE: Deutsche Bank Raises PT on LifeLock Following Acquisition of Lemon
Monday, December 16, 2013 - 1:28pm | 128In a report published Monday, Deutsche Bank analyst Nandan Amladi reiterated a Buy rating on LifeLock (NYSE: LOCK), and raised the price target from $20.00 to $22.00. In the report, Deutsche Bank noted, “LOCK acquired Lemon Inc. last week for $42.6m in cash, plus a three-year period during which...
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UPDATE: Deutsche Bank Initiates Coverage on 8x8 as Leader in Cloud-Based Communication and Collaboration
Monday, November 25, 2013 - 11:23am | 139In a report published Monday, Deutsche Bank analyst Nandan Amladi initiated coverage on 8x8 (NASDAQ: EGHT) with a Buy rating and $13.00 price target. In the report, Deutsche Bank noted, “8x8 is a leading provider of Unified Communication & Collaboration Services (UCC) in the Cloud, for SMBs...
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UPDATE: Deutsche Bank Initiates Coverage on Veeva Systems on Market Leader Position
Monday, November 11, 2013 - 9:45am | 141In a report published Monday, Deutsche Bank analyst Nandan Amladi initiated coverage on Veeva Systems (NYSE: VEEV) with a Buy rating and $45.00 price target. In the report, Deutsche Bank noted, “Veeva's cloud-based applications increase productivity and compliance of sales and marketing personnel...
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UPDATE: Deutsche Bank Initiates Coverage on Benefitfocus on Positive Long-Term Outlook
Monday, October 14, 2013 - 11:30am | 135In a report published Monday, Deutsche Bank analyst Nandan Amladi initiated coverage on Benefitfocus (NASDAQ: BNFT) with a Buy rating and $50.00 price target. In the report, Deutsche Bank noted, “Benefitfocus offers a cloud-based benefits management platform that enables their employer and...