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Salesforce Could Have A Hard Time Getting Shareholders To Vote For A Twitter Buyout At Its Current Price
Thursday, October 6, 2016 - 10:25am | 584Read More...Yun Kim of Brean Capital believes if salesforce.com, inc. (NYSE: CRM) bids for Twitter Inc (NYSE: TWTR), it would be lower than at its current share price, and in such case, it may have a tough time in getting the votes of Twitter shareholders for the potential deal. The comments came after CEO...
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Record Attendance At Workday's Annual User Conference, But Brean Still Says Sell
Wednesday, September 28, 2016 - 11:47am | 345Read More...Brean Capital believes the current valuation of Workday Inc (NYSE: WDAY) does not provide any favorable risk/reward. Therefore, the firm prefers to maintain its Sell rating and price target of $62 on the company's shares. The comments from analyst Yun Kim came after he attended the annual user...
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Brean Sees Workday Meeting FY17 Billings Target, But Warns Street's FY18 Billings View 'At Risk'
Thursday, August 25, 2016 - 12:38pm | 354Read More...Brean Capital said Workday Inc (NYSE: WDAY) has several growth catalysts to achieve its FY17 billings target without having to gain sizable traction for the Financials product within the large enterprise market. However, the brokerage maintained its Sell rating saying that the Street's FY18...
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Manhattan Associates Higher After Large Deals Continue Despite Wall Street Doubts
Wednesday, July 20, 2016 - 8:11am | 258Read More...Manhattan Associates, Inc. (NASDAQ: MANH) reported F2Q results indicating continued strong margin leverage with steady top-line figures. Brean Capital’s Yun Kim reiterated a Buy rating on the company, with a price target of $75. While some investors had concerns around large deal activity...
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What The Brexit Means For Software Stocks
Friday, June 24, 2016 - 8:16am | 375Read More...In view of Friday’s European Referendum vote on Brexit, or Britain’s exit from the European Union, Brean Capital’s Yun Kim said in a report that currency rates could exhibit “greater volatility” in the near term, impacting the overall results for software companies...
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IoT Could 'Greatly Expand' Salesforce's Market Opportunity
Thursday, June 9, 2016 - 1:22pm | 323Read More...Brean Capital analyst Yun Kim expects the Internet of Things could greatly expand salesforce.com, inc. (NASDAQ: CRM)'s market opportunity. His comments came on the back of attending a conference this week and maintained a Buy rating with a price target of $110 on shares. Kim said that based...
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Brean Raises Intuit's Price Target, Citing 'Steady Business Trends Driving Steady Growth'
Wednesday, May 25, 2016 - 9:14am | 311Read More...Intuit Inc. (NASDAQ: INTU) reported robust F3Q results, driven by the strength in its consumer tax business and stable business trends in its QuickBooks-driven small business group (SBG). Brean Capital’s Yun Kim maintains a Buy rating on the company, while raising the price target from $125...
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Intuit's Steady Business Trends Should Continue
Monday, May 23, 2016 - 7:55am | 302Read More...Intuit Inc. (NASDAQ: INTU) preannounced positive F3Q results for its consumer tax business. Brean Capital’s Yun Kim maintained a Buy rating for the company, with a price target of $125. The analyst commented that the company is expected to report strong F3Q results and the positive business...
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Brean Downgrades Workday To Sell, Concerned About Financial App Business
Monday, May 9, 2016 - 9:58am | 261Read More...While expressing optimism regarding Workday Inc (NYSE: WDAY)'s long-term fundamental growth outlook, Brean Capital’s Yun Kim prefers to adopt a more cautious approach for the near term, especially with regard to the company’s Financial application business. Kim downgraded the rating on...
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Tableau Software Needs Some Disruption In Its Sales Organization
Monday, May 2, 2016 - 12:56pm | 536Read More...While Tableau Software Inc (NYSE: DATA) faces potential sales transition risk moving forward, the company is expected to report in-line results for its first quarter, according to a note from Brean Capital. Expected Q1 Numbers, Guidance The Seattle, Washington-based provider of business...
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Brean Slaps Buy Rating On Intuit, Business Driven By QuickBooks
Thursday, April 14, 2016 - 10:13am | 262Read More...Brean Capital’s Yun Kim believes there are “several incremental revenue and margin drivers” that could act as key catalysts for Intuit Inc. (NASDAQ: INTU). Kim initiated coverage of the company with a Buy rating and price target of $125. QuickBooks Drives Upside “We...
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Why This Analyst Is Pounding The Table On Qlik Technologies
Monday, February 8, 2016 - 10:24am | 316Read More...The share price of Qlik Technologies Inc (NASDAQ: QLIK) has declined 46.41 percent over the past six months, to a low of $21.21 on February 5. Brean Capital’s Yun Kim has maintained a Buy rating on the company, with a price target of $40. Kim believes all potentially negative news...
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Brean's Take On The Software Sector
Wednesday, January 13, 2016 - 8:22am | 553Read More...Shares of Software companies have been under significant pressure over the past 5 trading days. Brean Capital’s Yun Kim initiated coverage of several companies in the Software sector. While mentioning that enterprise IT spending trends could remain the same in the near term, Kim...
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Lake Street Initiates Varonis Systems With Buy Rating, $25 Target
Wednesday, December 16, 2015 - 1:47pm | 322Read More...In a report issued Wednesday, Lake Street analyst Yun Kim initiated coverage of Varonis Systems Inc (NASDAQ: VRNS) with a Buy rating and $25 price target. The expert noted that the company seems "On the Cusp of [the] Next Big Opportunity in [the] Security Software Market."...
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Oracle's Future May Be In The Cloud, But Its Q3 Results Weren't Sky-High
Tuesday, March 18, 2014 - 4:31pm | 535Read More...Can Oracle (NYSE: ORCL) meet or beat earnings expectations? That was the question on everyone's mind on Tuesday. The firm is going through a transitional period, but few analysts expected big results this quarter. "I am expecting them to put up more or less [an] inline quarter given by strengths...
