Brad Sills

HashiCorp Inc’s (NASDAQ: HCP) cloud management and infrastructure market is large and growing, and is a part of the combined $173 billion market, according to BofA Securities. The HashiCorp Analyst: Brad Sills initiated coverage of HashiCorp with a Buy rating and a price target of $102. The...

Salesforce.com, inc. (NYSE: CRM) shares fell Wednesday after the company missed expectations with its fourth-quarter guidance. Salesforce reported third-quarter adjusted EPS of $1.27 on revenue of $6.86 billion. Both numbers exceeded consensus analyst estimates of 92 cents and $6.8 billion,...

Intuit Inc. (NASDAQ: INTU) reported robust results for its fiscal first quarter and significantly raised it guidance for fiscal 2022. Intuit’s fiscal first-quarter results highlight the company should be able to sustain its organic durable growth in the mid to high teens, according to BofA...

Microsoft Corporation (NASDAQ: MSFT) shares rallied out of the gate Wednesday following the release of its quarterly results. The Microsoft Analysts: Stifel analyst Brad Reback maintained a Buy rating and increased the price target from $325 to $380. BofA Securities Brad Sills reiterated a...

Salesforce.com, inc. (NYSE: CRM) traded higher by 4.6% on Thursday after the company reported impressive second-quarter earnings numbers and raised its full-year guidance. On Wednesday, Salesforce reported second-quarter adjusted EPS of $1.48 on revenue of $6.34 billion. Both numbers exceeded...

Splunk Inc (NASDAQ: SPLK) shares have struggled in the past year, but Bank of America analyst Brad Sills said Thursday that the stock is still a “top pick” heading into next week’s earnings report. Earnings Preview: Splunk shares are down 28% in the past 12 months as the company...

Shopify Inc (NYSE: SHOP) shares dropped 4.41% Thursday as investors took profits following the company’s big first-quarter earnings beat. For the first quarter, Shopify reported adjusted EPS of $2.01 on $988.6 million in revenue. Both numbers beat consensus analyst estimates of 75 cents and $...

Microsoft Corporation (NASDAQ: MSFT) reported better-than-expect results for the fiscal-year third quarter and issued in-line guidance for the fourth quarter. The Microsoft Analysts: BofA Securities analyst Brad Sills reiterated a Buy rating for Microsoft shares and increased the price target...

HubSpot Inc (NYSE: HUBS) is a top pick when considering the 4Ms of market, moat, management, and margins, according to BofA Securities. The HubSpot Analyst: Brad Sills initiated coverage of HubSpot with a Buy rating and a price target of $600. The HubSpot Thesis: HubSpot addresses a total...

DocuSign Inc (NASDAQ: DOCU) is an industry-leading brand in the contract lifecycle management and eSignature market, and the market is an underappreciated one, according to BofA Securities. The DocuSign Analyst: Brad Sills reinstated coverage of DocuSign with a Buy rating and $250 price target....

Cloud services is one segment that has gotten a big boost in 2020 due to the pandemic, with many cloud stocks up big year-to-date. On Wednesday, BofA Securities reinstated coverage of five cloud stocks and named its top picks in the group. The Cloud Analyst: Brad Sills reinstated coverage...

One of the highest-growth secular tech trends of the 2020s will be cloud computing. Gartner projects global public cloud revenue will grow 17% in 2020 to $266.4 billion. Software-as-a-service (SaaS) is the largest segment, which Gartman projects will account for $116 billion in spending this year....

Multiple Wall Street analysts on Monday initiated coverage of Bill.com Holdings Inc (NYSE: BILL), a provider of automated payment solutions for small-and-medium size businesses. First Mover Advantage Bill enjoys a first-mover advantage in the SMB back-office financial automation category and it...

Investors continued to boost shares of Coupa Software Inc (NASDAQ: COUP) on Wednesday after it beat the Street consensus on revenue on stronger-than-expected sales. As buyers bid the stock up by double-digit percentage points, several sell-side analysts boosted price targets on the SaaS platform...

Analysts lifted revenue estimates and price targets significantly on Shopify Inc (NYSE: SHOP) after the Canadian e-commerce company topped expectations on several fronts when it reported second-quarter results. Shopify reported a strong revenue beat on a 51% jump in gross merchandise sales and a 42...