UPDATE: Cornerstone OnDemand (CSOD) Tops Q3 EPS by 2c, Beats on Revenues; Offers FY Revenue Guidance

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Go back to UPDATE: Cornerstone OnDemand (CSOD) Tops Q3 EPS by 2c, Beats on Revenues; Offers FY Revenue Guidance

JPMorgan Upgrades Cornerstone OnDemand (CSOD) to Neutral

November 8, 2017 4:22 AM EST

JPMorgan upgraded Cornerstone OnDemand (NASDAQ: CSOD) from Underweight to Neutral with a price target of $37.00 (from $32.00).

Analyst Mark Murphy believes underperformance is like to abate as billings comps become easier and M&A speculation persists. The analyst believes CSOD H2 revenue guidance... More