Ross MacMillan

Adobe Systems Incorporated's (NASDAQ: ADBE) new version of its flagship digital media products like Photoshop have stirred high expectations among investors, although some fear promotional pricing and lackluster results from its digital marketing segment could prove disappointing. The San...

In a note released Friday, Jefferies raised the price target for Microsoft (NASDAQ: MSFT) from $42 to $47 and reiterated a Buy rating. Analyst Ross MacMillan believes Microsoft Office for iPad may be a bigger opportunity than previously expected. 23 percent of consumers are willing to pay $100...

In a report published Wednesday, Jefferies analyst Ross MacMillan reiterated a Buy rating on Autodesk (NASDAQ: ADSK), and raised the price target from $48.00 to $56.00. In the report, Jefferies noted, “We continue to believe that the shift in the business model to more recurring revenue, more...

In a report published Tuesday, Jefferies analyst Ross MacMillan upgraded the rating on Microsoft Corporation (NASDAQ: MSFT) from Hold to Buy, and raised the price target from $33.00 to $42.00. In the report, Jefferies noted, “We upgrade the stock based on: 1) A new operating structure with greater...

In a report published Monday, Jefferies analyst Ross MacMillan initiated coverage on Benefitfocus (NASDAQ: BNFT) with a Buy rating and $50.00 price target. In the report, Jefferies noted, “We expect Benefitfocus to experience accelerating growth and capture value from the adoption of benefits...

In a report published Wednesday, Jefferies analyst Ross MacMillan reiterated a Buy rating on Workday (NYSE: WDAY), and raised the price target from $86.00 to $88.00. In the report, Jefferies noted, “Workday's strong F2Q 2014 (Jul.) results beat our estimates across-the-board. WDAY also raised FY14...

In a report published Friday, Jefferies analyst Ross MacMillan upgraded the rating on VMware (NYSE: VMW) from Hold to Buy, and raised the price target from $86.00 to $105.00. In the report, Jefferies noted, “We are increasingly confident of revenue acceleration, and our CY14 License growth...

In a report published Monday, Jefferies analyst Ross MacMillan reiterated a Hold rating on MICROS Systems (NASDAQ: MCRS), and raised the price target from $44.00 to $46.00. In the report, Jefferies noted, “Our checks indicate the restaurant tech spending environment is improving in the U.S. New...

In a report published Monday, Jefferies analyst Ross MacMillan reiterated a Hold rating on Monotype Imaging (NASDAQ: TYPE), and raised the price target from $22.00 to $25.00. In the report, Jefferies noted, “TYPE reported 2Q13 rev/ NG EPS of $41.1M/ $0.26, slightly below the Street. OEM rev...

In a report published on Tuesday, Jeffreries analyst Ross MacMillan raised the price target on Concur Technologies (NASDAQ: CNQR) from $74 to $90 and retained its Hold rating on the company. In the report, Jefferies commented, "he acquisitions of TRX and GDSX move Concur into a leading position...

In a report published Monday, Jefferies analyst Ross MacMillan reiterated a Hold rating on Qlik Technologies (NASDAQ: QLIK), and raised the price target from $28.00 to $31.00. In the report, Jefferies noted, “We expect an-inline to slightly better 2Q13 from QLIK, given our recent field work,...

In a report published Thursday, Jefferies analyst Ross MacMillan reiterated a Hold rating on VMware (NYSE: VMW), but lowered the price target from $82.00 to $$75.00. In the report, Jefferies noted, “Our recent channel survey (see: Virtualization Survey: Encouraging Results) suggest a decent...

In a report published Wednesday, Jefferies analyst Ross MacMillan upgraded Adobe Systems (NASDAQ: ADBE) from Hold to Buy, and raised the price target from $45.00 to $57.00. In the report, Jefferies noted, “Our fresh analysis of the Creative Cloud (CC) model transition leads to a base-case of...

In a report published Wednesday, Jefferies analyst Ross MacMillan reiterated a Hold rating on Adobe Systems (NASDAQ: ADBE), and raised the price target from $43.00 to $45.00. In the report, Jefferies noted, “Following our mixed survey results from 5/28, ADBE positively surprised on Creative...

On Thursday, Jefferies downgraded diversified software company Adobe Systems (NASDAQ: ADBE) from Buy to Hold. Jefferies said that its downgrade is based on higher near-term revenue risk due to potentially stronger Creative Cloud subscription adoption on promotional pricing; a downtick in Creative...