TMCnet News

Business Software & Services Stocks Under Review -- Microsoft, Cognizant Technology Solutions, Citrix Systems, and CyberArk Software
[May 22, 2017]

Business Software & Services Stocks Under Review -- Microsoft, Cognizant Technology Solutions, Citrix Systems, and CyberArk Software


NEW YORK, May 22, 2017 /PRNewswire/ --

Stock-Callers.com recalls the most recent performances of Microsoft Corp. (NASDAQ: MSFT), Cognizant Technology Solutions Corp. (NASDAQ: CTSH), Citrix Systems Inc. (NASDAQ: CTXS), and CyberArk Software Ltd (NASDAQ: CYBR). Business Software and Services companies deliver IT solutions for business use, including software development, maintenance, and production support, as well as data processing. Learn more about these stocks by downloading their free research reports in PDF format at:

http://stock-callers.com/registration

Microsoft  

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:

http://stock-callers.com/registration/?symbol=MSFT


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:


http://stock-callers.com/registration/?symbol=CTSH




Citrix Systems  

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:

http://stock-callers.com/registration/?symbol=CTXS


CyberArk Software  

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:

http://stock-callers.com/registration/?symbol=CYBR

--

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/


CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA


[ Back To TMCnet.com's Homepage ]