Demandware (DWRE) Tops Q4 EPS by 16c, Offers Guidance

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Go back to Demandware (DWRE) Tops Q4 EPS by 16c, Offers Guidance

Mizuho Securities Cuts Price Target as Demandware (DWRE) Expands Low End of Bookings Guidance

February 10, 2016 8:03 AM EST

Mizuho Securities maintained a Buy rating on Demandware (NYSE: DWRE), and cut the price target to $41.00 (from $51.00), following the company's 4Q earnings report. DWRE posted total revenues of $76mm, above consensus of $73mm and guidance of $71-73mm. EPS of $0.38 was ahead of estimates of $0.22 due to top-line upside and... More