cloud computing

JPMorgan reinstated coverage of VMware, Inc. (NYSE: VMW) with an Overweight rating and $90 price target on uptick in practice growth rates and strong customer adoption of vSAN, NSX and potentially VxRail. Prior to restriction, JPMorgan has a Neutral rating and December 2015 price target of $88 on...

Barclays’ Mark Moskowitz believes Hewlett Packard Enterprise Co (NYSE: HPE) is not in a strong position to benefit from cloud disruption over the next three to five years. Moskowitz maintains an Underweight rating on the company, while raising the price target from $16 to $17. Wrong Side Of...

A day after Box Inc (NYSE: BOX) delivered better-than-expected results and increased its full-year outlook, Oppenheimer maintains its Outperform rating and $18 price target on the company's shares. Analysts Ittai Kidron George Iwanyc believe there are multiple positives in favor of the stock. The...

Salesforce.com, inc. (NYSE: CRM) will announce its fiscal second-quarter results on August 31 after the market close, and D.A. Davidson expects the company to report an in-line EPS, while projecting revenue above consensus. Analyst Take The brokerage expects non-GAAP EPS of $0.22, which matched the...

UBS’ Steven Fisher believes building a cloud-based platform and retrofitting equipment are key to the vision of Deere & Company (NYSE: DE). Fisher maintains a Neutral rating on the company with a price target of $87. Precision Ag Business At its investor meeting on August 29, Deere...

Alibaba Group Holding Ltd (NYSE: BABA) is worth $130 per share, at least according to a sum-of-the-parts analysis conducted by Rob Sanderson of MKM Partners. Sanderson's calculations derived a value for Alibaba's Commerce business at $94 per share, the Cloud business at $18 with a marked-to-market...

Argus’ Stephen Biggar believes Twilio Inc (NYSE: TWLO) shares are fully valued at present, trading at the top end of the peer-group range. Biggar initiated coverage of the company with a Hold rating. Losses Ahead The analyst believes, following the strong run-up of the stock since its June...

Cloud computing has created a number of avenues to expand its services, branching out into other key segments beyond SaaS. Software-as-a-service (SaaS) has garnered attention for a while now following the advent of could technology, but platform-as-a-service (PaaS) is also catching on among some...

Baird reaffirmed its Outperform rating on Workiva Inc (NYSE: WK) and raised the price target by $3 to $18, saying that company predicts less cash burn in 2016 versus 2015, implying that the second half of 2016 will be cash flow positive. Workiva, which offers a cloud-based platform for creating...

Just how good is Amazon.com, Inc. (NASDAQ: AMZN)'s AWS segment? According to Trip Chowdhry of Global Equities Research, the answer may be summed up as epic and historical. Amazon reported its second-quarter results after Thursday's market close and said that its AWS segment saw a year-over-year...

Oracle Corporation (NYSE: ORCL) has announced a huge deal to expand its cloud business by buying NetSuite Inc (NYSE: N) for $9.3 billion. “Oracle and NetSuite could applications are complementary and will coexist in the marketplace forever,” Oracle CEO Mark Hurd said in a statement....

Shares of LogMeIn Inc (NASDAQ: LOGM), a provider of cloud-based service offerings that allow businesses and individuals to connect to their workplace, surged higher by nearly 20 percent on Wednesday after the company announced a merger agreement with Citrix Systems, Inc. (NASDAQ: CTXS) Related...

Microsoft Corporation (NASDAQ: MSFT) beat earnings estimates Tuesday with Microsoft Azure growing at a 102 percent rate. Azure is a cloud computing program created for developing and managing applications, and the product's massive growth has confirmed the era of superclouds, according to Global...

JPMorgan reiterated its Neutral rating on Microsoft Corporation (NASDAQ: MSFT), as its recent partner survey showed the Windows software maker's continued strong momentum in the cloud portfolio. Recent Data "39 percent of the survey respondents believe that the pace of transactional business...

The cloud has emerged as the newest massive multi-billion-dollar growth frontier in the tech space. Now that the dust has completely settled on Q1, Goldman Sachs analyst Heather Bellini took a look back at which companies are dominating the cloud market and which companies are on the rise. In terms...