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Stock Market & Financial Investment News

News Breaks
February 12, 2014
08:39 EDTCSODCornerstone OnDemand price target raised to $70 from $56 at JMP Securities
JMP Securities increased its price target on Cornerstone OnDemand, citing the company's 51% Q4 bookings growth. The firm notes that the company's FY14 EPS guidance missed expectations, but it blamed the miss on investments by the company in growth opportunities. The firm remains upbeat on the company's outlook and keeps an Outperform rating on the shares.
News For CSOD From The Last 14 Days
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May 20, 2015
10:00 EDTCSODOn The Fly: Analyst Upgrade Summary
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09:14 EDTCSODJefferies software analysts hold an analyst/industry conference call
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07:21 EDTCSODCornerstone OnDemand upgraded on improving fundamentals at Needham
As previously reported, Needham assumed coverage on Cornerstone OnDemand with a Strong Buy rating from Buy rating and raised its price target to $40 from $34. The firm believes Cornerstone is well positioned in the Human Capital Management software space to benefit from increasing spending levels for its core Talent Management applications. The firm also cites weakening competition, shifting customer purchasing preferences and the company's strong product vision.
May 19, 2015
16:37 EDTCSODCornerstone OnDemand upgraded to Strong Buy from Buy at Needham
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