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Fly News Breaks for March 19, 2018
AMZN, CSOD
Mar 19, 2018 | 07:27 EDT
JMP Securities analyst Patrick Walravens reiterated his Outperform rating and $48 price target on Cornerstone OnDemand (CSOD) after CNBC said last week that Amazon's (AMZN) Amazon Web Services is "considering a service for companies to show training content to their employees," and further suggested that Amazon had "explored the learning-management field and concluded that none of the available tools were just right for its own workers," that the company would "build its own system," and that the "idea was to build something 'commercializable.'" Walravens views any weakness in the stock from this news as a buying opportunity, as his due diligence with industry sources int he Cornerstone ecosystem "suggest that these concerns may be overblown."
News For CSOD;AMZN From the Last 2 Days
AMZN
Apr 21, 2024 | 17:10 EDT
"Box Office Battle" is The Fly's weekly roundup of what movies topped the weekend's box office. A24’s “Civil War”... To see the rest of the story go to thefly.com. See Story Here