Cornerstone OnDemand (CSOD) Misses Q1 EPS by 1c

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Go back to Cornerstone OnDemand (CSOD) Misses Q1 EPS by 1c

Cornerstone OnDemand (CSOD) PT Trimmed at Nomura Post Q1; Set Up Good Going Forward

May 2, 2014 7:38 AM EDT

Nomura Securities analyst Rick Sherlund cut his price target on Buy-rated Cornerstone OnDemand (NASDAQ: CSOD) to $55.00 (from $62.00) following Q1 results, but said the set-up likely good going forward.

Sherlund commented, "Q1 billings growth of 38% was below the Street at up 43%, but... More