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Goldman Sachs: Newly Public Avalara Shares Hold 30% Upside Potential
Thursday, August 16, 2018 - 3:40pm | 386Read More...Tax software maker Avalara Inc (NYSE: AVLR) made an initial public offering of 7.5 million shares at $24 each, with the shares priced on June 15. The Analyst Goldman Sachs analyst Jesse Hulsing upgraded Avalara from Neutral to Buy and maintained a 12-month price target of $45, suggesting 30-...
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From Laggard To Leader: Goldman Initiates Ceridian At Neutral
Monday, May 21, 2018 - 3:34pm | 335Read More...The Ceridian HCM Holding Inc (NYSE: CDAY) story is one of transformation from a human capital management “laggard” to cloud “leader,” according to Goldman Sachs. The Analyst Goldman’s Jesse Hulsing initiated coverage on Ceridian with a Neutral rating and $34 price...
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Goldman Cites Lack Of Competition In Bullish Coupa Software Initiation
Monday, April 23, 2018 - 11:49am | 434Read More...Coupa Software Inc (NASDAQ: COUP) has established itself as a sector leader and should show superior growth rates over the next three to five years, according to Goldman Sachs. The Analyst Goldman Sachs' Jesse Hulsing initiated coverage of Coupa Software's with a Buy rating and $60 price...
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Appian's Multiple And Fundamentals Are Mismatched, Goldman Says In Downgrade
Thursday, January 18, 2018 - 12:00pm | 420Read More...Software developer Appian Corp (NASDAQ: APPN), which provides low-code software development platform as a service for organizations to develop applications, are poised to decline by nearly half over the next 12 months, according to Goldman Sachs. The Analyst Goldman Sachs analyst Jesse Hulsing...
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Little Upside Seen In Apptio
Tuesday, October 18, 2016 - 10:09am | 299Read More...Goldman Sachs’ Jesse Hulsing believes Apptio Inc (NASDAQ: APTI) is well positioned to deliver sustained growth, given the company’s leadership position in the market and a “relatively benign” competitive environment. Hulsing initiated coverage of the company with a Neutral...
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Hortonworks Downgraded By Goldman Sachs On Lofty Estimates
Friday, October 14, 2016 - 8:28am | 359Read More...Goldman Sachs’ Jesse Hulsing believes there are risks to both the near-term estimates and long-term growth profile of Hortonworks Inc (NASDAQ: HDP), with 20 percent downside risk to the stock valuation. Hulsing downgraded the rating on the company from Buy to Sell, while lowering the price...
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Talend Turns Favorable At Goldman Sachs
Friday, October 14, 2016 - 8:23am | 349Read More...Goldman Sachs upgraded Talend SA ADR (NASDAQ: TLND) to Buy from Neutral, saying the company is a key beneficiary of analytics moving to the cloud, and the recent pullback in the shares offers a buying opportunity. “[W]e view TLND as uniquely positioned to benefit due to 1) a technology...
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Veeva Systems Upside Already Priced
Tuesday, October 4, 2016 - 10:35am | 307Read More...Goldman Sachs initiated coverage of Veeva Systems Inc (NYSE: VEEV) with a Neutral rating and a 12-month price target of $43, which represents 4 percent upside, saying the stock is trading at a significant premium to growth. Veeva provides SaaS-based CRM, content management and data network...
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HubSpot Neutral At Goldman On Slowing Customer Acquisition
Tuesday, October 4, 2016 - 8:28am | 285Read More...Although HubSpot Inc (NYSE: HUBS) seems poised for sustained growth and margin expansion, the stock appears fairly valued, given decelerating gross customer additions in the company’s marketing business and the relatively small size of the sales business, Goldman Sachs’ Jesse Hulsing...
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Guidewire Software Has 5% Downside
Tuesday, October 4, 2016 - 8:23am | 242Read More...Goldman Sachs started coverage of Guidewire Software Inc (NYSE: GWRE) with a Neutral rating and $57 price target. The brokerage remains on the sidelines on valuation despite being confident about the company's ability to gain share for multiple years as it's benefitting from a multi-...
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Goldman Sachs Sees Shopify Turning From A 'Tool' To A 'Platform'
Tuesday, October 4, 2016 - 7:31am | 343Read More...Goldman Sachs’ Jesse Hulsing believes that Shopify Inc (NYSE: SHOP) is well positioned to become the leading platform for SMB commerce, leading to sustained gross addition growth and rising share of the customer’s wallet. Hulsing initiated coverage of the company with a Buy rating...
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Goldman: Intuit's Q4 Results 'Leave Some Meat On The Bone' For Buyers And Sellers
Wednesday, August 24, 2016 - 12:32pm | 364Read More...Intuit Inc. (NASDAQ: INTU) reported its FQ4 results, with the revenue and EPS ahead of the consensus forecasts. Goldman Sachs’ Jesse Hulsing maintains a Buy rating on the company, while raising the price target from $123 to $124. FQ4 Beat Intuit reported revenue of $754 million for FQ4, with...
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Goldman Sachs Sees Talend As A Key Enterprise Provider, But Questions Operating Model
Tuesday, August 23, 2016 - 9:22am | 308Read More...Goldman Sachs’ Jesse Hulsing believes Talend SA ADR (NASDAQ: TLND) is well positioned to be a “key beneficiary” of big data and cloud adoption. Hulsing initiated coverage of the company with a Neutral rating and price target of $31. The analyst believes the stock has 4 percent...
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Goldman Plays Catch Up: Upgrades Netsuite To Neutral, Removes From Sell List
Friday, July 29, 2016 - 7:15am | 310Read More...Oracle Corporation (NYSE: ORCL) has announced plans to acquire NetSuite Inc (NYSE: N) in a cash transaction of $109 per share, or approximately $9.3bn. Goldman Sachs’ Jesse Hulsing upgraded the rating on NetSuite from Sell to Neutral, while raising the price target from $65 to $90. Since...
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Intuit Makes Goldman Sachs' Conviction Buy List
Thursday, June 23, 2016 - 10:15am | 234Read More...“With a very strong tax season behind us,” Goldman Sachs’ Jesse Hulsing believes investor focus will shift to Intuit Inc. (NASDAQ: INTU)'s small business segment in 2HCY16. Hulsing maintains a Buy rating on the company, while raising the price target from $117 to $123. Why The...












