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MongoDB Stock Plunges After Q2 Earnings: 4 Analysts Break Down The Print
Thursday, September 1, 2022 - 12:19pm | 485Shares of MongoDB Inc. (NASDAQ: MDB) tanked in after-hours trading on Wednesday, after the New York-based company reported its fiscal second quarter results and issued weak guidance. RBC Capital Markets Analyst Rishi Jaluria reiterated an Outperform Buy rating, while reducing the price target from...
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Is Now the Time To Buy Anaplan And Workday?
Tuesday, August 3, 2021 - 2:32pm | 365Analysts at Barclays believe Anaplan, Inc (NYSE: PLAN) and Workday, Inc. (NASDAQ: WDAY) are positioned for a solid second half of 2021, following underperformance relative to SaaS peers since the onset of the pandemic. The Anaplan Analyst: Analyst Raimo Lenschow upgraded Anaplan from...
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Why Elastic Is Trading Higher Today
Thursday, June 3, 2021 - 8:39am | 348Elastic NV (NYSE: ESTC) is trading higher Thursday morning after the company announced better-than-expected financial results. What Happened: Elastic reported a quarterly earnings loss of 8 cents, which beat the estimate for a loss of 16 cents. The company reported quarterly revenue of $177.6...
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Analysts Weigh In On MongoDB's Slowing Growth
Thursday, September 5, 2019 - 12:35pm | 512Mongodb Inc (NASDAQ: MDB) shares sank more than 9% on Thursday after the company reported a mixed second quarter on Wednesday afternoon. MongoDB’s adjusted EPS in the quarter was a loss of 26 cents, missing consensus estimates by 2 cents. Revenue for the quarter was $99.37, beating analyst...
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Analysts Still Bullish On Slack Despite Earnings Sell-Off
Thursday, September 5, 2019 - 11:19am | 646Slack Technologies Inc (NYSE: WORK) shares tumbled 14% on Thursday morning after the company’s first quarterly earnings report since its direct listing in June disappointed the market. On Wednesday afternoon, Slack guided for revenue growth to slow significantly in coming quarters. Despite...
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The Street's Reaction To Salesforce's Big Q3 Beat
Wednesday, November 28, 2018 - 11:29am | 1162Salesforce.com, inc. (NYSE: CRM) reported Tuesday a top-and-bottom-line beat in its third quarter. Earnings came in at 61 cents per share, beat estimates by 11 cents while sales of $3.392 billion beat $3.37 billion estimates. Here is a summary of how some of the Street's top analysts reacted to...
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Oracle Shares Look Inexpensive, Barclays Says After Q1 Earnings Beat
Tuesday, September 18, 2018 - 4:38pm | 413Oracle Corporation (NYSE: ORCL) reported Monday after the close with better-than-expected fiscal first-quarter earnings, while revenue fell short of estimates. The Analyst Barclays analyst Raimo Lenschow maintained an Overweight rating on Oracle with a $60 price target. The Thesis...
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Analysts Review Pivotal Software After Mixed Q2
Thursday, September 13, 2018 - 4:46pm | 477Pivotal Software (NYSE: PVTL) fell over 20 percent after the company's second-quarter print. Here's a roundup of how the sell-side reacted. The Analysts Credit Suisse analyst Brad Zelnick maintained an Outperform rating on Pivotal with a $25 price target. KeyBanc analyst Alex Kurtz...
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The Street Reaction To Splunk's Q2
Friday, August 24, 2018 - 1:16pm | 808Splunk Inc (NASDAQ: SPLK) reported Thursday its second-quarter results, which consisted of a top-and-bottom-line beat and encouraging guidance. Here's a summary of how some of the Street's top analysts reacted to the print. The Analysts Morgan Stanley's Melissa Franchi maintains an...
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The Sell-Side Reaction To Oracle's Earnings Beat, Cloud Weakness
Friday, December 15, 2017 - 4:34pm | 785Shares of Oracle Corporation (NYSE: ORCL) were trading lower by around 5 percent Friday after the company's fiscal second quarter report showed an earnings beat — but its cloud infrastructure and platform revenue fell short of expectations. Barclays: Continued Weakness Barclays...
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Barclays Expecting A Q3 Beat From Coupa Software
Monday, November 27, 2017 - 4:49pm | 308Coupa Software Inc (NASDAQ: COUP) is scheduled to report earnings December 4 and the Wall Street analysts expect revenue of $43 million. The Analyst Barclays' Raimo Lenschow reiterated an Equal Weight rating and increased the price target from $34 to $38. The Thesis Coupa Software continues...
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Why VMware Shares Are A Buy
Thursday, September 14, 2017 - 10:00am | 463Barclays upgraded shares of VMware, Inc. (NYSE: VMW), based on four factors. With the firm now more comfortable with the long-term investment case for the company, it also raised its price target. As such, the firm raised its ratings on the shares of the company from Equal Weight to Overweight...
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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...
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What Are Wall Street's Top Analysts Saying About Microsoft Post Q4?
Friday, July 21, 2017 - 3:18pm | 884Shares of Microsoft Corporation (NASDAQ: MSFT) were trading lower by around 0.50 percent Friday afternoon after the company reported its fiscal fourth-quarter results. Here is a roundup of what some of Wall Street's top analysts are saying after the print. Wells Fargo: Strong Execution Microsoft...
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Good Story, Bad Entry Point: Barclays Is Equal Weight On Appian
Monday, June 19, 2017 - 10:57am | 322Analysts at Barclays initiated coverage of Appian Corp (NASDAQ: APPN), a SMID-cap provider of a software development platform that allows organizations to develop applications, with an Equal-Weight rating and $19 price target. Barclays' Raimo Lenschow commented in a research report that while...