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Coupa Software Stock Retreats On Q1 Results: Why Analysts Are Long-Term Bullish
Tuesday, June 8, 2021 - 4:54pm | 719Coupa Software Incorporated (NASDAQ: COUP) shares traded sharply lower Tuesday despite the company reporting better-than-expected first-quarter results. Here's what the Street had to say. The Coupa Analysts: Morgan Stanley analyst Stan Zlotsky maintained an Overweight rating on Coupa...
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Why Veeva Systems Is Trading Higher Today
Friday, May 28, 2021 - 1:21pm | 310Veeva Systems Inc (NYSE: VEEV) is trading higher Friday morning after the company announced better-than-expected earnings results and received price target increases from multiple analysts. What Happened: Veeva Systems reported first-quarter earnings of 91 cents per share, which beat the estimate...
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3 DocuSign Stock Analysts On Q4 Results: Should Investors Buy The Dip?
Friday, March 12, 2021 - 11:33am | 559Shares of DocuSign, Inc. (NASDAQ: DOCU) dipped Thursday afternoon after the eSignature solution company reported fourth-quarter results that disappointed some investors. The DocuSign Analysts: Needham analyst Scott Berg maintains a Buy rating on DocuSign with an unchanged $275 price target....
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Morgan Stanley Upgrades Anaplan On Improving Demand, Execution Consistency
Tuesday, February 16, 2021 - 12:00pm | 230Checks suggest that Anaplan Inc (NYSE: PLAN) may be well positioned to resume sustainable growth in the 30% range, driven by improving demand and steady execution, according to Morgan Stanley. The Anaplan Analyst: Stan Zlotsky upgraded Anaplan's stock from Equal-Weight to Overweight, while...
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'Shine On You Crazy Diamond': Analysts Respond To HubSpot's Earnings
Monday, February 15, 2021 - 10:06am | 567Shares of HubSpot Inc (NYSE: HUBS) soared Friday after the company released a huge earnings beat for its fourth-quarter results and analysts raised price targets. HubSpot’s revenue shot up 35% year-over-year coming in at $252.1 million, far ahead of the Street estimate of $236.7...
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4 Asana Analysts Initiate On The Workplace Software Stock
Monday, October 26, 2020 - 10:48am | 786Wall Street analysts released their recommendations Monday for Asana Inc (NYSE: ASAN), the cloud-based platform for team collaboration and work management that went public in late September. The Asana Analysts KeyBanc Capital Markets analyst Alex Kurtz initiated coverage of Asana with a Sector...
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Why Morgan Stanley Is Upgrading Intuit, DocuSign
Monday, October 5, 2020 - 3:14pm | 460Morgan Stanley analysts turned bullish on Intuit Inc. (NASDAQ: INTU) and Docusign Inc (NASDAQ: DOCU) Monday, noting that both companies are trading at reasonable valuations given an impressive growth profile ahead. The Intuit, DocuSign Analysts: Keith Weiss upgraded Intuit from Equal-weight to...
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3 Reasons This Analyst Likes Salesforce
Thursday, November 14, 2019 - 12:10pm | 443Investors are concerned about Salesforce.com, inc.'s (NYSE: CRM) stagnant margins, M&A dilution and decelerating organic growth. But Morgan Stanley sees a path to double revenues by 2023. The Rating Morgan Stanley analysts Keith Weiss and Stan Zlotsky maintained an Overweight rating on...
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'A Massive Green Field Growth Opportunity': Wall Street Weighs In On DocuSign
Friday, September 6, 2019 - 11:21am | 623Docusign Inc (NASDAQ: DOCU) shares soared 20% on Friday after the company reported second-quarter earnings and blew third-quarter guidance expectations out of the water. DocuSign missed second-quarter EPS estimates but beat on revenue. Friday’s big move was likely in response to the company...
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Wall Street Likes Coupa Software After Revenue, Sales Beats
Wednesday, September 4, 2019 - 11:40am | 583Investors continued to boost shares of Coupa Software Inc (NASDAQ: COUP) on Wednesday after it beat the Street consensus on revenue on stronger-than-expected sales. As buyers bid the stock up by double-digit percentage points, several sell-side analysts boosted price targets on the SaaS platform...
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Veeva Jumps 15% After Strong Q1 Earnings: Here's What The Street Thinks
Thursday, May 30, 2019 - 11:27am | 499Shares of Veeva Systems Inc (NYSE: VEEV) spiked higher after the provider of cloud solutions reported a strong fiscal first-quarter earnings report Wednesday afternoon. As shares hit a new 52-week high, the Street debates if it's too late for investors to be buyers of the stock. The Analysts...
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Analysts Convinced Of Zuora's Growth Potential Despite Post-Earnings Dip
Friday, March 22, 2019 - 3:40pm | 453Software-as-a-service company Zuora Inc (NYSE: ZUO) reported fourth-quarter revenue Thursday that was ahead of expectations, and its loss per share was in line. Despite the fairly positive results, shares of the subscription management platform provider were moving lower Friday. The Analysts...
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Sell-Side Largely Bullish On Coupa Software After Q3 Beat-And-Raise
Tuesday, December 4, 2018 - 2:08pm | 688Coupa Software Inc (NASDAQ: COUP) unexpectedly swung to a profit in the third quarter on the basis of 42-percent revenue growth. The company issued upbeat Q4 guidance and raised its full-year outlook. The Analysts Raymond James analyst Brian Peterson reiterated an Outperform rating on...
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The Street Reacts To Veeva Systems' Q3 Beat
Thursday, November 29, 2018 - 1:07pm | 686Veeva Systems Inc (NYSE: VEEV), a cloud solution provider for the global life sciences industry, reported Wednesday with third-quarter results that came in better than expected and an encouraging look at the coming fiscal year. The Analysts Morgan Stanley's Stan Zlotsky maintains an...
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Here's What Wall Street Is Saying About Smartsheet
Tuesday, May 22, 2018 - 3:55pm | 526Smartsheet Inc (NYSE: SMAR), a cloud-based collaboration platform that makes it easier for businesses to plan, track and automate work at scale, saw its shares trade on a public exchange in late April for the first time. Now that the quiet period has ended, some of the Street's top analysts are...