Application Software

Goldman Sachs has lowered the price target on Salesforce.com (NYSE: CRM) from $160 to $150 and maintains its Buy rating.

Jefferies is out with its report today on Salesforce.com (NYSE: CRM), lowering its PT to $160 from $165. In its report, Jefferies writes, "CRM bucked fears of material deceleration, with billings growth of 37% Y/Y or +33% Y/Y on a cc basis. While NG EPS was in-line and CFFO was shy of the Street,...

Citigroup has lowered the price target on Autodesk (NASDAQ: ADSK) from $42 to $31 and maintains its Hold rating.

Wedbush Securities has raised the price target on Intuit (NASDAQ: INTU) from $62 to $63 and maintains its Outperform rating.

JP Morgan has lowered the price target on Mentor Graphics (NASDAQ: MENT) from $15.50 to $10.50 and maintains its Neutral rating.

Citigroup has lowered the price target on Salesforce.com (NYSE: CRM) from $145 to $133 and maintains its Hold rating.

Bank of America has raised the price objective on Intuit (NASDAQ: INTU) from $57 to $58 and maintains its Buy rating.

Citigroup has lowered the price target on Intuit (NASDAQ: INTU) from $63 to $53 and maintains its Buy rating.

Jefferies & Company has lowered the price target on Autodesk (NASDAQ: ADSK) from $44 to $40 and maintains its Buy rating.

JP Morgan has lowered the price target on Salesforce.com (NYSE: CRM) from $140 to $130 and maintains its Neutral rating.

Jefferies & Company has lowered the price target on Salesforce.com (NYSE: CRM) from $165 to $160 and maintains its Buy rating.

JP Morgan has lowered the price target on Autodesk (NASDAQ: ADSK) from $46 to $32 and maintains its Neutral rating.

Some of the stocks that may grab investor focus today are: Hewlett-Packard Co (NYSE: HPQ) reported a rise in its Q3 net income, but issued downbeat outlook for the current quarter and lowered its forecast for the year. The company reported its quarterly earnings at $1.93 billion, or $0.93 per...

Shares of Autodesk (NASDAQ: ADSK) are trading higher in the after-hours following the release of the company's Q2 earnings results. Currently, shares are higher by 4.11%, trading at $27.60; they ended the regular session lower by 8.11%, at $26.51. Autodesk reported non-GAAP Q2 EPS of $0.44 (GAAP...

Shares of Salesforce.com (NYSE: CRM) are trading higher in the after-hours following the release of the company's Q2 earnings results. Currently, shares are higher by 1.83%, trading at $116.15; they ended the regular session lower by 9.70%, at $114.06. Salesforce.com reported Q2 EPS of $0.34 on...