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Cornerstone OnDemand (CSOD +2.9%) has rallied following positive comments from Pac Crest. The...
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Wednesday, January 9, 2:46 PM ETCornerstone OnDemand (CSOD +2.9%) has rallied following positive comments from Pac Crest. The firm thinks the cloud HR software vendor will post a strong Q4, and is benefiting from industry consolidation (I, II) and its Recruiting Cloud product (launched in March). Shares jumped in November following Cornerstone's Q3 report. Pac Crest is also positive on ExactTarget (ET +2.2%) going into its Q4 report.
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