Barclays Maintains an 'Overweight' on Cornerstone OnDemand (CSOD); Investor Meeting Takeaways
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Price: $57.48 --0%
Rating Summary:
12 Buy, 14 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
12 Buy, 14 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Barclays maintains an 'Overweight' on Cornerstone OnDemand (NASDAQ: CSOD), PT $22.
Barclays analyst says, "We maintain our rating on learning and talent management provider, Cornerstone OnDemand, following a series of recent investor meetings with CFO Perry Wallack. We believe Cornerstone's integrated, SAAS-based talent management suite should continue to drive strong bookings growth and market share gains, driving improving and highly predictable margin and cash flow generation...Pipelines Continue To Build: Despite recent market volatility, Cornerstone spending environment remains healthy with pipelines continuing to build. Over past several months, Cornerstone is seeing increasing number of RFP's requesting an integrated talent management suite."
For more ratings news on Cornerstone OnDemand click here and for the rating history of Cornerstone OnDemand click here.
Shares of Cornerstone OnDemand closed at $19.79 yesterday.
Barclays analyst says, "We maintain our rating on learning and talent management provider, Cornerstone OnDemand, following a series of recent investor meetings with CFO Perry Wallack. We believe Cornerstone's integrated, SAAS-based talent management suite should continue to drive strong bookings growth and market share gains, driving improving and highly predictable margin and cash flow generation...Pipelines Continue To Build: Despite recent market volatility, Cornerstone spending environment remains healthy with pipelines continuing to build. Over past several months, Cornerstone is seeing increasing number of RFP's requesting an integrated talent management suite."
For more ratings news on Cornerstone OnDemand click here and for the rating history of Cornerstone OnDemand click here.
Shares of Cornerstone OnDemand closed at $19.79 yesterday.
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