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RBC Remains Bullish On Workday After Meeting With Management
Wednesday, March 13, 2019 - 3:42pm | 382Read More...Discussions with top management at Workday Inc (NASDAQ: WDAY) indicate a large market opportunity, an increase in adoption of core financials and the expansion of the financial planning segment, according to RBC Capital Markets. The Analyst RBC Capital Markets’ Ross MacMillan maintains...
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The Top 11 Analysts On TipRanks And What They Cover
Thursday, May 18, 2017 - 7:50am | 1674Read More...Some investors put their financial livelihoods in the hands of analysts researching their relevant stocks. Upgrades and downgrades determine how they play their portfolios — when to sell, when to buy, when to hold. Some analysts have better foresight than others do, though, and their...
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Pieces To The Microsoft Puzzle Begin To Fall Into Place As Profitability Improves
Friday, January 27, 2017 - 11:13am | 283Read More...Microsoft Corporation (NASDAQ: MSFT) reported its Q2 2017 results and Q3 guidance ahead of expectations. “The pieces are falling into place as we are starting to see an important shift in the model, with improving profitability in growth segments,” RBC Capital Markets’ Ross...
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Oracle's Cloud Position Improving, But RBC Cautious On IaaS Investments
Friday, September 23, 2016 - 12:28pm | 561Read More...RBC Capital said it needs further clarity from the Oracle Corporation (NYSE: ORCL) over impact on the model from the shift of database to cloud and incremental investments in IaaS. However, the brokerage came from Oracle's Open World and analyst meeting with a positive frame of mind, as the company...
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RBC Reiterates Outperform On Adobe Shares
Wednesday, June 22, 2016 - 1:21pm | 190Read More...RBC Capital's Ross MacMillan reiterated Adobe Systems Incorporated (NASDAQ: ADBE) Outperform rating with a price target of $104.00. The reiteration came after Adobe reported EPS at $0.69–$0.75 vs $0.71 estimates Tuesday. The analyst was impressed with Adobe's beat on earnings Tuesday, but was...
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This Is All Shopify Analysts Wanted
Thursday, November 5, 2015 - 9:49am | 318Read More...Shopify Inc (NYSE: SHOP) shares have plunged 11 percent in the last one month, declining from a high of $38.70 on October 5. RBC Capital Markets’ Ross MacMillan upgraded the rating on the company from Sector Perform to Outperform, while maintaining the price target at $39. A better...
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How The Street Is Playing Workday's Post-Earnings Decline
Thursday, August 27, 2015 - 11:45am | 932Read More...Shares of Workday Inc (NYSE: WDAY) were trading higher by more than 2 percent Thursday after the company reported mixed second-quarter results on Wednesday. Workday said that it lost $0.37 per share in the second quarter, which fell short of the $0.06 per share loss analysts were expecting. On...
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Calls Of Note: Shake Shack, Kate Spade And Other Notable Research Notes Worth Following On Tuesday
Tuesday, August 11, 2015 - 10:53am | 1107Read More...The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Longbow: Shake Shack Trends ‘Picking Up,' Maintains At Neutral Alton Stump of Longbow Research maintained a Neutral rating on shares of Shake Shack...
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RBC's MacMillan: Buy Adobe For These 3 Reasons
Tuesday, August 11, 2015 - 9:04am | 328Read More...In a report published Tuesday, RBC Capital analyst Ross MacMillan upgraded the rating on Adobe Systems Incorporated (NASDAQ: ADBE) from Sector Perform to Outperform, while raising the price target from $88 to $105, for three reasons. First, following an analysis of the company's CS6 base,...
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RBC: Intuit Has Less Upside In Near-Term
Tuesday, August 11, 2015 - 7:49am | 325Read More...In a report published Tuesday, RBC Capital analyst Ross MacMillan downgraded the rating on Intuit Inc. (NASDAQ: INTU) from Outperform to Sector Perform, while lowering the price target from $120 to $115. The analyst expects the company to see less upside in the near term. According to the RBC...
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Shopify May Be Up Big Now, But Wall Street Hints Of Fleeting Success
Thursday, July 30, 2015 - 3:25pm | 658Read More...Shares of Shopify Inc (NYSE: SHOP) were trading higher by more than 12 percent Thursday afternoon after the cloud-based commerce platform for small and medium sized businesses posted a better than expected second-quarter result. Canadian-based Shopify saw its shares surge since its IPO in May....
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Palo Alto Management 'Confident' In Long-Term Outlook, RBC Boosts Price Target To $200
Thursday, June 18, 2015 - 3:03pm | 436Read More...In a report published Thursday, RBC Capital Markets analysts Matthew Swanson, Dan Bergstrom, Ross MacMillan and Matthew Hedberg reiterated their bullish thesis on Palo Alto Networks Inc (NYSE: PANW) (Outperform rating), boosting their price target from $180 to $200. The analysts had the...
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Here's How Analysts Are Reacting To Oracle's Earnings Report
Thursday, June 18, 2015 - 11:21am | 414Read More...Oracle 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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Is Wall Street Missing Intuit's April Guidance Boost?
Thursday, May 21, 2015 - 2:33pm | 422Read More...Intuit 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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Analysts See Solid Q1 For Salesforce; Merger News Unlikely
Monday, May 18, 2015 - 12:26pm | 342Read More...Salesforce.com, Inc. (NYSE: CRM) probably won't shed light on its rumored acquisition when it posts results Wednesday, an analyst said. Unconfirmed reports have suggested the customer relations management company is evaluating at least one buyout offer. "The price tag and deal size...
