Brad Reback

In a report published Wednesday, Stifel analyst Brad Reback reiterated a Buy rating on Oracle (NYSE: ORCL), and raised the price target from $40.00 to $43.00. In the report, Stifel noted, “ORCL delivered another healthy quarter, but its headline results were negatively impacted by currency...

In a report published Friday, Stifel analyst Brad Reback maintained a Buy rating on ChannelAdvisor (NYSE: ECOM), raising its price target to $46.00 from $42.00. According to the report, the new target price is derived by applying a roughly 8.5x multiple to our CY15 revenue estimate of $105.6M....

In a report published Friday, Stifel analyst Brad Reback reiterated a Buy rating on Tibco Software (NASDAQ: TIBX), but lowered the price target from $31.00 to $29.00. In the report, Stifel noted, “After two quarters of improving execution coupled with an upbeat user conference in October, TIBCO...

In a report published Friday, Stifel analyst Brad Reback reiterated a Buy rating on Red Hat (NYSE: RHT), and raised the price target from $60.00 to $63.00. In the report, Stifel noted, “Following lackluster billings growth 2 of the last 3 quarters, RHT appears to be back on track. The company...

In a report published Friday, Stifel analyst Brad Reback reiterated a Buy rating on Citrix Systems (NASDAQ: CTXS), and raised the price target from $70.00 to $74.00. In the report, Stifel noted, “This week we had the opportunity to host investor meetings with Citrix's head of Investor Relations....

In a report published Friday, Stifel analyst Brad Reback reiterated a Buy rating on ChannelAdvisor (NYSE: ECOM), and raised the price target from $38.00 to $42.00. In the report, Stifel noted, “ECOM released its same-store sales (SSS) results for November. While at first glance it appears as if...

In a report published Thursday, Stifel analyst Brad Reback reiterated a Buy rating on Concur Technologies (NASDAQ: CNQR), and raised the price target from $108.00 to $126.00. In the report, Stifel noted, “CNQR finished FY13 on a solid note. Strong performances from its delivery organization...

In a report published Tuesday, Stifel analyst Brad Reback reiterated a Buy rating on Teradata Corporation (NYSE: TDC), but lowered the price target from $69.00 to $59.00. In the report, Stifel noted, “TDC reported disappointing preliminary 3Q13 results and tempered its full-year outlook. As our...

In a report published Thursday, Stifel analyst Brad Reback reiterated a Buy rating on Citrix Systems (NASDAQ: CTXS), but lowered the price target from $81.00 to $70.00. In the report, Stifel noted, “On the heels of a solid 2Q13 print, Citrix preannounced disappointing 3Q13 revenue and EPS figures...

In a report published Friday, Stifel analyst Brad Reback reiterated a Buy rating on Tibco Software (NASDAQ: TIBX), and raised the price target from $26.00 to $31.00. In the report, Stifel noted, “After a year of disappointing results, TIBCO built upon last quarter's greenshoots and delivered a...

In a report published Tuesday, Stifel Nicolaus analyst Brad Reback downgraded Microsoft (NASDAQ: MSFT) from Buy to Hold, and removed the $36.00 price target. In the report, Stifel Nicolaus noted, “We are lowering our rating on MSFT to Hold from Buy and removing our $36 target-price, as we are...

In a report published Thursday, Stifel Nicolaus analyst Brad Reback reiterated a Buy rating on Concur Technologies (NASDAQ: CNQR), and raised the price target from $91.00 to $108.00. In the report, Stifel Nicolaus noted, “Despite implementation issues in 2Q13, CNQR bounced back and delivered a...

In a report published Thursday, Stifel Nicolaus analyst Brad Reback reiterated a Buy rating on Citrix Systems (NASDAQ: CTXS), and raised the price target from $72.00 to $81.00. In the report, Stifel Nicolaus noted, “Coming off a mixed 1Q13 print, Citrix rebounded in 2Q13, with a strong revenue...

Analysts Brad Reback and Renaud DeVreker at Oppenheimer have released an update on Ariba, Inc. (NASDAQ: ARBA). The company reported its second-quarter results on Thursday. According to analysts, Ariba’s second-quarter results show that the company’s business has continued to pick up. The company...