Cornerstone OnDemand (CSOD) Tops Q3 EPS by 12c
- Stocks face worst month since September, yen swings after BoJ
- Microsoft fiscal Q3 results top estimates as AI revolution spurs cloud growth
- Alphabet stock surges 11% to record high on Q1 earnings beat, first-ever dividend
- Intel slides in afterhours trading as Q1 revenue misses, Q2 outlook falls short
- Oil prices on track to snap two-week losing streak
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Union Pacific beats profit estimates on stronger pricing, resumes share buyback
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hertz Global (HTZ) misses earnings expectations as fleet costs weigh
- Teladoc (TDOC) Misses Q1 EPS by 3c, offers outlook
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Needham & Company Downgrades Cornerstone OnDemand (CSOD) to Buy
November 4, 2016 7:44 AM EDTNeedham & Company downgraded Cornerstone OnDemand (NASDAQ: CSOD) from Strong Buy to Buy with a price target of $43.00 (from $52.00).
Analyst Scott Berg commented, "Cornerstone reported a strong 3Q revenue and EPS beat with inline billings, but lowered 4Q estimates on f(x) concerns that... More
UBS Downgrades Cornerstone OnDemand (CSOD) to Neutral
November 4, 2016 7:32 AM EDTUBS downgraded Cornerstone OnDemand (NASDAQ: CSOD) from Buy to Neutral with a price target of $40.00 (from $50.00), saying significant portions of the business not seeing returns.
Analyst Brent Thill commented, "vs. Street -$0.01), CSOD's 4Q16 billings guidance implies material deceleration (-2% y/y compares to +24% in the year ago... More
Credit Suisse Downgrades Cornerstone OnDemand (CSOD) to Neutral
November 4, 2016 6:53 AM EDTCredit Suisse downgraded Cornerstone OnDemand (NASDAQ: CSOD) from Outperform to Neutral with a price target of $35.00 (from $50.00) following Q4 guide lower on FX, Brexit and restructuring.
Analyst Michael Nemeroff commented, " Q3 was generally in line with lowered expectations but CSOD mgmt highlighted new operational sales headwinds that caused them to lower billings expectations in Q4 by ~$35M due to deal... More