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Here's How Analysts Are Reacting To Oracle's Earnings Report
Thursday, June 18, 2015 - 11:21am | 414Oracle Corporation (NYSE: ORCL) shares slumped 6 percent and analysts trimmed their views after the software company said a business model shift and a stronger dollar hurt fiscal fourth-quarter results. "It would be easy to throw in the towel after a head-scratching quarter like this one,...
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Oracle To Report Near-Flat YoY Earnings?
Monday, June 15, 2015 - 2:58pm | 245Oracle Corporation (NYSE: ORCL) will report its fourth quarter financial results on Wednesday afternoon, after the market closes. While the company guided slight earnings growth to $0.93 per share (up from $0.92 per share reported a year ago), the crowd and Wall Street analysts are expecting to...
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Wunderlich Expects 'Strong Finish' From Oracle's Earnings
Monday, June 15, 2015 - 9:07am | 307In a report published Monday, Wunderlich analyst Robert Breza maintained a Hold rating and price target of $47 on Oracle Corporation (NYSE: ORCL). The company is expected to report its Q4 results on Tuesday, after market close. The analyst expects the company to report its EPS and revenue for Q4 at...
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3 Headwinds That Will Continue To Hurt Microsoft's Stock Going Forward
Tuesday, January 27, 2015 - 12:43pm | 322Software major Microsoft Corporation (NASDAQ: MSFT) came out with its quarterly results on Monday after market closing. The company reported EPS of $0.71, compared to $0.78 it reported in the same quarter last year. Robert Breza from Sterne Agee was on CNBC recently to discuss Microsoft’s...
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Analysts Split On Adobe Systems Incorporated's Upcoming Q3
Tuesday, September 16, 2014 - 3:37pm | 330Adobe Systems Incorporated's (NASDAQ: ADBE) new version of its flagship digital media products like Photoshop have stirred high expectations among investors, although some fear promotional pricing and lackluster results from its digital marketing segment could prove disappointing. The San...
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Sterne Agee Expects Strong Q3 Report From Adobe Systems Incorporated
Tuesday, September 16, 2014 - 11:17am | 89In a report published Tuesday, Sterne Agee analyst Robert Breza reiterated a Buy rating and $85.00 price target on Adobe Systems Incorporated (NASDAQ: ADBE). In the report, Sterne Agee noted, “After the release in June of the most significant Creative Cloud evolution since CS6, with new...
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Will Piracy Weigh Down Adobe Systems Incorporated?
Tuesday, September 16, 2014 - 9:33am | 666For Adobe Systems Incorporated (NASDAQ: ADBE), earnings season is here. All eyes are on the company's online subscription service, Creative Cloud, which has gained subscribers every quarter since Q2 2013. The service hasn't been foolproof, though. Hackers successfully pirated...
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Why Imperva Shares Are Up 7%
Tuesday, August 19, 2014 - 12:26pm | 100Imperva (NYSE: IMPV) shares are up more than six percent following comments from Sterne Agee about a potential sell off. Analyst Robert Breza says the new CEO, Anthony Bettencourt, has been successful selling companies in the past. The company could be sold in the $40 to $45 range, following...
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Oracle Extends Losses; Analysts See More Tough Sledding
Friday, June 20, 2014 - 2:09pm | 270Analysts mostly see continued tough sledding for Oracle (NYSE: ORCL) as its shares extended losses Friday on a fourth-quarter earnings miss. Oracle posted adjusted earnings of $0.92 per share, up six percent from a year earlier, on revenue growth of three percent, to $11.3 billion late Friday....
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UPDATE: Sterne Agee Upgrades Proofpoint On Multiple Positive Factors
Monday, June 2, 2014 - 10:33am | 109In a report published Monday, Sterne Agee analyst Robert Breza upgraded the rating on Proofpoint (NASDAQ: PFPT) from Neutral to Buy, and raised the price target from $35.00 to $40.00. In the report, Sterne Agee noted, “PFPT is leveraging its SaaS platform to disrupt the security industry while...
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Sterne Agee Sees Good Things From Proofpoint Analyst Day
Wednesday, May 21, 2014 - 10:31am | 103In a report published Wednesday, Sterne Agee analyst Robert Breza reiterated a Neutral rating and $35.00 price target on Proofpoint (NASDAQ: PFPT). In the report, Sterne Agee noted, “In its well attended annual analyst day yesterday, PFPT reaffirmed its guidance and also announced one strategic...
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Analyst Comment on Microsoft's Encouraging Metrics & Rocky N-T Challenges
Friday, April 25, 2014 - 2:36pm | 663Microsoft (NASDAQ: MSFT) on Thursday announced financial results for the third quarter ending March 31, 2014. CEO Satya Nadella commented, “This quarter's results demonstrate the strength of our business, as well as the opportunities we see in a mobile-first, cloud-first world. We are making good...
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RBC Capital Markets Raises Adobe Systems (ADBE) Price Target To $46
Wednesday, March 24, 2010 - 10:22am | 132RBC Capital Markets analysts Robert Breza, Matthew Hedberg and Dan Bergstrom raised their price target for shares of Adobe Systems Incorporated (Nasdaq: ADBE) from $43 to $46 and maintained their Outperform rating for the stock. The analysts said that the integration of Omniture was going well and...