‘Investor Anxiety’ On Software Stocks Prevails, But This Analyst Sees Hope In A Few Stocks, With Questions Around Others — Like Palantir
August 15, 2:19 PM
On average, software companies beat Q2 revenue estimates by 2% and profitability expectations by 5%, RBC analyst Matthew Hedberg said. Q3 was guided lower for both revenue and profitability while stocks moved on average 2.1% higher the day following earnings.
August 12, 7:20 PM
Raymond James analyst Frank Louthan maintained Fastly, Inc (NYSE:FSLY) with a Strong Buy and cut the price target from $35 to $25. Fastly clocked…