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The Latest Breaking News from Arvind Ramnani

Why These 5 Intuit Analysts Love Q4 Print, Guidance

Intuit Inc. (NASDAQ: INTU) Tuesday announced strong results for the fourth quarter and full fiscal year 2022. Here is what five analysts think. Piper Sandler On Intuit Analyst Arvind Ramnani reiterated an Overweight rating and a price target of $553.

4 Analyst Takeaways From Upstart's Earnings Call Following 2Q Results

4 Analyst Takeaways From Upstart's Earnings Call Following 2Q Results

Upstart Holdings Inc (NASDAQ: UPST) reported total revenue of $228 million for the second quarter, up 18% year-on-year. The company’s results were broadly in-line with its preannouncement in July. Piper Sandler On Upstart Holdings

Piper Sandler Cuts Accenture Price Target By 17% - Read Why

Piper Sandler Cuts Accenture Price Target By 17% - Read Why

Piper Sandler analyst Arvind Ramnani maintained Accenture Plc (NYSE:ACN) with a Neutral rating and cut the price target from $368 to $305. ACN's Q3 results were ahead of expectations. Growth was broad-based across all geographies and industries, he noted. CMT (Communications, Media & Tech) and Products grew 31% in local currency. He highlighted management's confidence in their…

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Here's What Made Piper Sandler Incrementally Positive On EPAM

Piper Sandler analyst Arvind Ramnani hosted EPAM Systems, Inc (NYSE: EPAM) CFO Jason Peterson and Head of IR David Straube for investor meetings and came away incrementally more positively.

Is 2U Stock a Buy Under $10?

The shares of the education technology company 2U (TWOU) plunged in price after Piper Sandler analysts downgraded the stock. TWOU closed the last trading session at less than $10. However, considering the company’s significant operational prospects with its EdX acquisition, is the stock a buy now? Keep reading to learn…

Here's Why Analysts Had Mixed Opinions On C3.ai Post Q4 Results

Analyst opinions remained mixed about C3.ai, Inc (NYSE:AI) following its dismal FY23 guidance despite a Q4 beat. Piper Sandler analyst Arvind Ramnani downgraded C3.ai from Overweight to Neutral and slashed the price target from $28 to $15. The re-rating reflected lackluster guidance triggered by enterprise spending softness, slower customer growth, and a dismal demand. Ramnani noted the…

Why These 4 Analysts Cut Intuit Price Target Even After Earnings Beat And Raised Guidance

Intuit Inc. (NASDAQ: INTU) reported its fiscal third-quarter revenues and earnings higher than Street expectations and raised its full-year guidance.

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Why This Analyst Remains Bullish On Upstart Holdings, While Others Cut Their Ratings

Why This Analyst Remains Bullish On Upstart Holdings, While Others Cut Their Ratings

Upstart Holdings Inc (NASDAQ: UPST) reported better-than-expected first-quarter results on Monday after the bell. However, shares of the AI consumer lending company tumbled more than 40% as management slashed the 2022 revenue forecast to $1.25 billion.

5 Analysts Takeaways As Chegg's Stock Crashes After Q1 Earnings Report

5 Analysts Takeaways As Chegg's Stock Crashes After Q1 Earnings Report

Chegg Inc (NYSE: CHGG) reported its first-quarter adjusted earnings of 32 cents per share, ahead of the consensus estimates of 24 cents per share. Net revenues missed Street expectations and the company slashed its full-year revenue and adjusted EBITDA guidance.

Read How Analysts Reacted To Blend Labs' Q4 Results

Read How Analysts Reacted To Blend Labs' Q4 Results

Analysts mainly slashed the price targets or downgraded the rating on Blend Labs Inc (NYSE:BLND) post Q4 results. KeyBanc analyst Josh Beck lowered the price target to $6 from $10 (26% upside) and kept an Overweight. The company's FY22 revenue forecast was well below the Street's $343.8 million, reflecting the negative impact of higher rates…

Read How Analysts Reacted To Paycom Software's Q4 Results

Read How Analysts Reacted To Paycom Software's Q4 Results

Analyst opinions remain divided over Paycom Software Inc (NYSE:PAYC) post Q4 results. Piper Sandler analyst Arvind Ramnani raised the price target on Paycom to $505 from $498 (40% upside) and reiterated an Overweight. Paycom's Q4 results "were robust all-around" as revenue came in well above expectations driven by a healthy demand environment, Ramnani says. Stifel analyst Brad…

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