Cognizant Upgraded as Analyst Sees Strong Growth Ahead
William Blair upgrades Cognizant to Outperform, citing stronger bookings, a solid deal pipeline, and rising momentum in financial services and health sciences.
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Oppenheimer Rates IBM “Outperform” with $360 Target
Oppenheimer initiates coverage of IBM with an Outperform rating, citing strong software growth, consulting recovery, and AI opportunities as key drivers.
Raymond James Upgrades Doximity to Strong Buy After Earnings Pullback
Raymond James upgrades Doximity to Strong Buy with a $65 target, citing an attractive risk/reward setup and improved long-term growth visibility despite a recent pullback.
Elastic Stock Plunges Despite Strong Q2 Earnings Beat
Elastic N.V. shares dropped 12% despite beating earnings expectations with $0.64 EPS and raising full-year guidance, as investors focus on widening losses.
Intuit Sees Strong Growth as AI Tools Boost QuickBooks Adoption
Intuit reports strong quarterly growth driven by rising demand for its AI-powered QuickBooks features, helping mid-sized and small businesses automate accounting and boost productivity.
Citi Raises MongoDB Price Target to $440, Keeps Buy Rating
Citi increases MongoDB price target to $440, citing strong profitability, AI demand, and continued growth. Stock still undervalued compared to peers.