Last Friday at the close, shares in Redmond, Washington headquartered Microsoft Corp. ended 0.03% lower at $67.69. The stock recorded a trading volume of 26.90 million shares, which was above its three months average volume of 22.15 million shares. The Company’s shares have advanced 3.34% in the last one month, 4.75% in the previous three months, and 9.59% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.80% and 9.89%, respectively. Furthermore, shares of Microsoft, which develops, licenses, and supports software products, services, and devices worldwide, have a Relative Strength Index (RSI) of 49.55.
On April 28th, 2017, research firm BMO Capital Markets reiterated its ‘Outperform’ rating on the Company’s stock with an increase of the target price from $71 a share to $75 a share.
On May 16th, 2017, Microsoft and Indegene announced that they are collaborating to deliver the next generation of commercial cloud applications to life sciences. Microsoft Dynamics 365 for Sales will combine with the Indegene Omnipresence platform to create a modern, mobile, multichannel CRM solution specifically for sales and medical representatives to better engage healthcare practitioners. Sign up and read the free research report on MSFT at:
Cognizant Technology Solutions
Teaneck, New Jersey headquartered Cognizant Technology Solutions Corp.’s stock finished Friday’s session 0.62% higher at $65.42 with a total trading volume of 3.56 million shares. The Company’s shares have advanced 13.22% in the last one month, 12.87% over the previous three months, and 16.76% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 8.99% and 15.78%, respectively. Additionally, shares of Cognizant Technology Solutions, which provides information technology, operations and technology consulting, infrastructure, and business process services worldwide, have an RSI of 77.52.
On May 15th, 2017, research firm Needham reiterated its ‘Buy’ rating on the Company’s stock with an increase of the target price from $70 a share to $72 a share.
On May 15th, 2017, the Company announced that Karen McLoughlin, CFO, will present at the J.P. Morgan 45th Annual Technology, Media and Telecom Conference on May 22nd, 2017, at 11:20 a.m. ET. The live, audio webcast of the presentation will be available on the Company’s website. The complimentary research report on CTSH can be downloaded at:
Shares in Fort Lauderdale, Florida headquartered Citrix Systems Inc. ended the session 0.24% higher at $82.79 with a total trading volume of 1.42 million shares. The stock has gained 2.84% over the previous three months and 16.41% on an YTD basis. The Company’s shares are trading above their 200-day moving average by 11.60%. Moreover, shares of Citrix Systems, which provides an integrated platform for secure app and data delivery, and network functionality as a cloud-based service worldwide, have an RSI of 42.93.
On April 27th, 2017, research firm Robert W. Baird upgraded the Company’s stock rating from ‘Neutral’ to ‘Outperform’ while revising its previous target price from $85 a share to $90 a share.
On May 10th, 2017, Citrix Systems announced that it will host a Financial Analyst Meeting for investors and analysts on May 23rd, 2017, from 12:00 p.m. to 4:45 p.m. ET. This business meeting will be held in conjunction with the Company’s annual user conference Synergy, which will be held in Orlando, FL. Register for free on Stock-Callers.com and access the latest report on CTXS at:
Petach Tikva, Israel headquartered CyberArk Software Ltd’s shares recorded a trading volume of 632,282 shares, which was above their three months average volume of 606,580 shares. The stock closed 0.43% higher at $46.66. The Company’s shares have gained 2.55% since the start of this year. The stock is trading 8.38% below its 200-day moving average. Additionally, shares of CyberArk Software, which develops, markets, and sells software-based IT security solutions that protect organizations from cyber attacks in the US and internationally, have an RSI of 31.82.
On May 17th, 2017, CyberArk Software announced that it will be presenting at the J.P. Morgan 2017 Global Technology, Media and Telecom Conference on May 22nd, 2017, at 9:20 a.m. ET in Boston, MA. The presentation will be webcast live, and an archive of the presentation will be available for a limited time under the “Events & Presentations” section of the Company’s investor relations website. Get free access to your research report on CYBR at:
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