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Why Salesforce Is This Firm's Best Idea
Wednesday, February 19, 2020 - 11:27am | 364Shares of customer relationship software vendor salesforce.com, inc. (NYSE: CRM) look attractive at current levels, according to Wedbush. The Salesforce Analyst Steven Koenig maintained an Outperform rating on Salesforce and increased the price target from $192 to $217. The Salesforce Thesis...
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FireEye's Q2 Results On Deck, But All Eyes On Consolidation In Cybersecurity
Thursday, August 4, 2016 - 3:49pm | 406Investors of FireEye Inc (NASDAQ: FEYE) appear to be less than optimistic about the company's revenue meeting expectations ahead of the second quarter results announcement. Wedbush analyst, Steve Koenig, expects revenue to disappoint, citing lag in product sales. The stock is trading in the red,...
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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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Does An Oracle-Splunk Merger Make Sense? Wall Street Split
Friday, June 12, 2015 - 12:28pm | 247Among unconfirmed market chatter of a Splunk Inc (NASDAQ: SPLK) acquisition by Oracle Corporation (NYSE: ORCL), Wall Street has responded. Splunk is sitting at a market cap of $8.81 billion and was trading up around 1.5 percent on Friday morning. Benzinga spoke with two analysts about the...
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Exclusive: 2 Reasons Salesforce.com Will Beat Earnings, According To Wedbush
Wednesday, February 25, 2015 - 2:49pm | 203Wedbush analyst Steven Koenig told Benzinga that he expects salesforce.com, inc. (NYSE: CRM) to report better-than-expected revenues and earnings, while reducing revenue guidance for the current year based on currency headwinds. Wedbush expects revenues $9 million above consensus estimates and...