FBR Capital Reiterates an 'Outperform' on SuccessFactors (SFSF); User Conference Enthusiasm Bodes Well
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Price: $39.99 --0%
Rating Summary:
6 Buy, 11 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
Rating Summary:
6 Buy, 11 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
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FBR Capital reiterates an 'Outperform' on SuccessFactors (NASDAQ: SFSF), PT $45.
FBR analyst says, "We attended SuccessFactors' user conference (SuccessConnect 2011) last week in San Francisco. Given that the company just reported three weeks ago, there was no new or updated financial commentary. Our interactions with customers, prospects, and partners were extremely positive. Specifically, we came away from the conference with the belief that (1) customer enthusiasm around Plateau is building, (2) Employee Central 2.0 will be one of the biggest product releases this year and represents a massive opportunity, and (3) SuccessFactors is focusing on gaining mindshare with a new generation of workers via its social media solutions."
For more ratings news on SuccessFactors click here and for the rating history of SuccessFactors click here.
Shares of SuccessFactors closed at $32.31 yesterday.
FBR analyst says, "We attended SuccessFactors' user conference (SuccessConnect 2011) last week in San Francisco. Given that the company just reported three weeks ago, there was no new or updated financial commentary. Our interactions with customers, prospects, and partners were extremely positive. Specifically, we came away from the conference with the belief that (1) customer enthusiasm around Plateau is building, (2) Employee Central 2.0 will be one of the biggest product releases this year and represents a massive opportunity, and (3) SuccessFactors is focusing on gaining mindshare with a new generation of workers via its social media solutions."
For more ratings news on SuccessFactors click here and for the rating history of SuccessFactors click here.
Shares of SuccessFactors closed at $32.31 yesterday.
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