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Fly News Breaks for August 6, 2019
PS, CSOD
Aug 6, 2019 | 06:46 EDT
JMP Securities analyst Patrick Walravens raised his price target on Cornerstone OnDemand (CSOD) to $70 and kept his Outperform rating after its Q2 results, saying the company has beaten expectations on billings for the 2nd consecutive quarter. The analyst notes that Cornerstone OnDemand is "progressing nicely" in the talent management space with its new Content Anytime solution that "avoids some of the over-selling and saturation issues faced by Pluralsight" (PS).
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