The Latest Breaking News from Piper Sandler

nCino, Inc (NASDAQ:NCNO) reported Q2 revenues of $99.6 million, up 50% Y/Y, beating the consensus. Adjusted EPS loss of $(0.04) surpassed the consensus. KeyBanc analyst Josh Beck maintained an Overweight and lowered the price target from $40 to $35. nCino reported solid results similar to the adjusted prior-quarter result driven by a potent mix of go-lives,…

Salesforce, Inc (NYSE:CRM) clocked 22% revenue growth to $7.72 billion in Q2, beating consensus. The EPS of $1.19 topped the consensus.  The board approved a buyback of up to $10 billion.  The Q3 and FY guidance were below the consensus. Mizuho analyst Gregg Moskowitz reiterated a Buy and cut the price target from $245 to $235.…

Salesforce Inc (NYSE: CRM) reported upbeat results for its second quarter, but lowered its annual projections.

Upgrades

  A whale with a lot of money to spend has taken a noticeably bearish stance on Atlassian Corporation. Looking at options history for Atlassian Corporation (NASDAQ:TEAM) we detected 26 strange trades.

One of the main reasons for investing in real estate investment trusts (REITs) is the kind of dividends many pay. While Treasury bonds are just beginning to catch up with inflation, some REITs offer better yields as long as investors are willing to accept the risks attached to owning them.…

Upgrades

 

Keybanc raised the price target for McDonald's Corporation (NYSE: MCD) from $285 to $290. However, Keybanc analyst Eric Gonzalez maintained the stock with an Overweight rating. McDonald's shares fell 0.3% to $256.23 in pre-market trading.

Upgrades

The real estate investment trust Equity Residential (NYSE: EQR) is one of the most popular apartment REITs and one that analysts have been giving favorable ratings to so far this year. The company owns or has investments in 311 properties consisting of 80,581 apartment units.