JPMorgan Downgrades Cornerstone OnDemand (CSOD) to Underweight
- Wall St rallies on bright earnings, megacaps' support
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises 1% as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- SAP Q1 results fall short of Wall Street estimates as transformation kicks off
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- Apple (AAPL) PT Lowered to $210 at Morgan Stanley, 'We'd buy post-earnings weakness'
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
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