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IBM

IBM

$145.65

-0.1111 (-0.08%)

, MSFT

Microsoft

$74.68

-0.08 (-0.11%)

10:55
09/13/17
09/13
10:55
09/13/17
10:55

William Blair software analyst holds an analyst/industry conference call

Software Analyst Bhavan Suri hosts the CEO Gary Bloom of MarkLogic, the privately-held share leader in NoSQL database software to discuss 'big data' and mission-critical use cases, (expected to be relevant for IBM, MSFT, ORCL, SAP and TDC), on an Analyst/Industry conference call to be held on September 13 at 12 pm.

IBM

IBM

$145.65

-0.1111 (-0.08%)

MSFT

Microsoft

$74.68

-0.08 (-0.11%)

ORCL

Oracle

SAP

SAP

$109.49

-0.4467 (-0.41%)

TDC

Teradata

$31.67

-0.27 (-0.85%)

  • 13

    Sep

  • 14

    Sep

  • 22

    Sep

  • 15

    Nov

IBM IBM
$145.65

-0.1111 (-0.08%)

08/04/17
08/04/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Square (SQ) initiated with a Neutral at Wedbush. 2. Avis Budget (CAR) was initiated with an Overweight at JPMorgan while Hertz (HTZ) was initiated with a Neutral at the firm. 3. IBM (IBM) initiated with a Neutral at Wedbush. 4. Amtech Systems (ASYS) initiated with a Buy at Roth Capital. 5. Franklin Financial Network (FSB) initiated with a Market Perform at Hovde Group. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
08/07/17
BERN
08/07/17
NO CHANGE
BERN
IBM Infrastructure Services may not recover in 2H17, says Bernstein
After IBM predicted that the revenue growth of its Infrastructure Services, or IS, business would rebound in 2H17, Bernstein analyst A.M. (Toni) Sacconaghi, Jr says this target won't be "a slam dunk" for the company. He notes that the company's overall services backlog, which he says has historically been a good proxy for IS, is down 4% year-over-year. Additionally, he is worried " about potential financial incentives IBM may have provided to IS customers to extend/re-new existing contracts early." The analyst says the company remains "in a turnaround," and he keeps a Sector Perform rating.
09/05/17
UBSW
09/05/17
NO CHANGE
Target $152
UBSW
Neutral
Blockchain and cognitive computing IBM's best recovery chance, says UBS
UBS analyst Steven Milunovich noted IBM's (IBM) legacy business remains in decline but he thinks technologies such as blockchain and cognitive computing are its best hope for recovery. The analyst sees blockchain as a differentiated growth opportunity and he believes IBM is ahead of Microsoft (MSFT), which is also looking to monetize the technology. Milunovich said IBM's earnings momentum is mediocre and he remains concerned about the company's 2018 outlook. Milunovich maintained his Neutral rating and $152 price target on IBM shares.
09/12/17
MSCO
09/12/17
NO CHANGE
MSCO
Overweight
Morgan Stanley sees new evidence of scaling of IBM's Watson Health
After hosting a meeting with Deborah DiSanzo, General Manager of IBM Watson Health, Morgan Stanley analyst Katy Huberty noted that the unit grew patients that used cognitive technologies by ten times in one year to 40,000 from 4,000. Additionally, the number of hospitals using Watson for Oncology and Watson for Genomics more than doubled, to 89 from 27 last year, added Huberty. The analyst, who sees IBM as uniquely positioned to address the $2T of wasted spending on health care, keeps an Overweight rating on the stock.
MSFT Microsoft
$74.68

-0.08 (-0.11%)

09/11/17
WELS
09/11/17
NO CHANGE
WELS
Audience extension could drive LinkedIn budget share higher, says Wells Fargo
Wells Fargo analyst Peter Stabler notes that Microsoft LinkedIn is now distributing Sponsored Content ads via third-party sites and apps and ad exchanges. His checks with marketing developers suggest LinkedIn maintains low-single-digit share of social marketing budgets. Beta testing suggests "significant lift" in impression and click volumes, and Stabler believes audience extension could drive LinkedIn's budget share higher.
09/11/17
KEYB
09/11/17
NO CHANGE
Target $82
KEYB
Overweight
KeyBanc remains bullish on Microsoft on sustained cloud momentum
KayBanc analyst Brent Bracelin remains bullish on Microsoft as a core technology holding as the commercial cloud segment should reach critical mass in the coming year, exceeding a $20B run-rate, and free cash flow power could expand to $6 per share within four years. The analyst reiterates an Overweight rating and $82 price target on the shares.
09/07/17
OPCO
09/07/17
NO CHANGE
Target $80
OPCO
Outperform
Microsoft new accounting standards changes revenue timing, says Oppenheimer
Oppenheimer analyst Timothy Horan says Microsoft's adoption of new accounting standards changes the timing and recognition of revenue but not the underlying mechanics when calculating guidance methodology. Sales practices, customer billing and business strategy remain unaffected by the new accounting standards, he adds. Horan reiterates an Outperform rating and $80 price target on the shares.
09/06/17
MOFT
09/06/17
INITIATION
Target $81
MOFT
Neutral
Microsoft initiated with a Neutral at MoffettNathanson
MoffettNathanson analyst Adam Holt initiated Microsoft with a Neutral and a $81 price target due to limited earnings growth potential. Holt said his proprietary cost modeling and CAPX analysis leaves him below consensus for margins and results in mid-single digit earnings growth at best, and sees limited room for valuation expansion.
ORCL Oracle

09/05/17
FBCO
09/05/17
INITIATION
Target $62
FBCO
Outperform
Oracle initiated with an Outperform at Credit Suisse
Credit Suisse analyst Brad Zelnick started Oracle with an Outperform rating and $62 price target as he believes the market underappreciates the staying power of its technology stack and upside opportunities in the cloud.
09/06/17
MOFT
09/06/17
INITIATION
Target $65
MOFT
Buy
Oracle initiated with a Buy at MoffettNathanson
MoffettNathanson analyst Adam Holt started Oracle with a Buy rating and $65 price target, citing the new database cycle, the scaling of its cloud businesses, its accelerating top-line organic growth and its expanding margins.
09/12/17
NEED
09/12/17
NO CHANGE
NEED
Gigamon outlook positive, shares could reach $55-$60, says Needham
After media outlets reported that Elliott Management's private equity arm had submitted a bid to acquire Gigamon (GIMO), Needham analyst Alex Henderson believes that there are "three likely outcomes" to the situation: Gigamon will be acquired by private equity firms for $50+; Gigamon becomes a takeover target for strategic players such as F5 (FFIV), Oracle (ORCL), HP (HPE), and Juniper (JNPR);, or the company reports strong Q3 and Q4 results and the stock rallies. The analyst says that the stock could reach $55-$60 if a bidding war materializes. He reiterates a $50 price target and a Buy rating on the shares.
09/12/17
KEYB
09/12/17
NO CHANGE
Target $61
KEYB
Overweight
Oracle cloud momentum to continue to improve, says KeyBanc
KeyBanc analyst Monika Garg expects Oracle to build off recent momentum and report upside in cloud revenue and reiterate full-year guidance. After speaking with implementation partners in the quarter, who reiterated Oracle's cloud business is improving, the analyst also notes that a favorable currency tailwind sets up well for 2H. Garg reiterates an Overweight rating and $61 price target on the shares.
SAP SAP
$109.49

-0.4467 (-0.41%)

08/23/17
08/23/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on the today's top five analyst initiations with this list compiled by The Fly: 1. HP Inc (HPQ) initiated with a Buy and HP Enterprise (HPE) initiated with a Hold at Loop Capital. 2. PTC (PTC), Autodesk (ADSK), ASpen Technology (AZPN) and SAP (SAP) initiated with Buy ratings and Trimble (TRMB) and ANSYS (ANSS) initiated with Hold ratings at Berenberg. 3. AveXis (AVXS) initiated with an Outperform at William Blair. 4. LivaNova (LIVN) initiated with a Hold at Needham. 5. Advanced Energy (AEIS) initiated with a Hold at Stifel. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/23/17
BREN
08/23/17
INITIATION
BREN
Buy
SAP initiated with a Buy at Berenberg
Berenberg analyst Gal Munda initiated SAP with a Buy saying the company continues to benefit from investments in both HANA and cloud assets. Munda believes the product replacement cycle has just begun and will continue to gain traction in the second half 2017 and believes that S/4 HANA Cloud enables the company to expand its market reach below the usual ERP customer.
06/07/17
OPCO
06/07/17
NO CHANGE
Target $115
OPCO
Outperform
Oppenheimer ups SAP target to $115 after customer survey
Oppenheimer analyst Brian Schwartz raised his price target for SAP shares to $115 from $107 after surveying customers at the Sapphire Now conference to gauge next-generation ERP/financials demand and conditions. There are signs of customer IT budget share gains for SAP, and demand for migrations to a public cloud deployment among its largest customers :is still a ways off," Schwartz tells investors in a research note. He reiterates an Outperform rating on the shares.
05/15/17
BNCH
05/15/17
NO CHANGE
Target $110
BNCH
Buy
Salesforce price target raised to $110 ahead of earnings at Benchmark
Benchmark analyst Yun Kim said his checks indicate that Salesforce (CRM) is beginning to replace SAP (SAP) and Oracle (ORCL) as the "de facto standard" in enterprise business applications and he expects Salesforce to report at least in-line Q1 results and give at least in-line Q2 guidance. Ahead of the company's upcoming Q1 report, which is due on May 18, Kim raised his price target on Salesforce shares to $110 from $100 and keeps a Buy rating on the stock.
TDC Teradata
$31.67

-0.27 (-0.85%)

04/17/17
BTIG
04/17/17
INITIATION
BTIG
Neutral
Teradata initiated with a Neutral at BTIG
BTIG analyst Edward Parker initiated Teradata with a Neutral saying valuation reflects a recovery and turnaround initiatives.
05/24/17
BERN
05/24/17
INITIATION
BERN
Underperform
Teradata initiated with an Underperform at Bernstein
Bernstein analyst Zane Chrane started coverage of Teradata with a $25 price target and an Underperform rating. The analyst calls the stock "a tactical and structural short" over the next year, warning that the company's turnaround effort is "late" and could cause it to lose customers. He thinks it faces "structural revenue" headwinds and says that the Street is underestimating the money it will need to invest going forward.
07/19/17
BERN
07/19/17
NO CHANGE
BERN
Teradata identified as a short opportunity at Bernstein
Bernstein analyst Zane Chrane says that Teradata is "an attractive tactical short over the next 12 months," as he expects the company to report lower than expected Q4 EPS and provide lower than expected fiscal 2018 EPS guidance. The analyst says that the company's turnaround will take multiple years to materialize. He adds that the new strategy will require greater spending increases than expected, while there is a high risk that the company's workload could drop during the transition. Finally, he expects it to encounter increased competition and low market growth during the transition. He keeps a $25 price target and an Underperform rating.
09/11/17
NEED
09/11/17
INITIATION
NEED
Hold
Teradata initiated with a Hold at Needham
Needham analyst Jack Andrews started coverage of Teradata with a Hold rating. The analyst is upbeat on the changes the company is making but wants to see greater evidence of a potential positive turning point before becoming more constructive on the name. He adds that he continues to see evidence of Teradata customers moving away from the company and towards Hadoop.

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GRPN

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Celgene

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VALU

Value Line

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Value Line

$19.60

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ZEAL

Zealand Pharma

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GNMSF

Genmab

$190.75

2.75 (1.46%)

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Johnson & Johnson

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HII

Huntington Ingalls

$242.12

5.24 (2.21%)

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BAESY

BAE Systems

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, GD

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Syros Pharmaceuticals

$10.80

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Wintrust Financial

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TWTR

Twitter

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OIS

Oil States

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AVGO

Broadcom

$266.39

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TRNC

tronc

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0.3 (1.56%)

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AP

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CG

Carlyle Group

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ANDX

Andeavor Logistics

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Options
Preliminary option volume of 22.8M today »

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TRNC

tronc

$19.53

0.3 (1.56%)

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