- In addition to cutting Nuance to Sell, Goldman has downgraded Qlik (QLIK -2.7%) and Cornerstone OnDemand (CSOD -4.4%) to Neutral. Its targets are respectively $32 and $35.
- Evercore downgraded Qlik yesterday, but shares rose higher anyway. On Wednesday, Northland hiked its Cornerstone target by $2 to $42, citing "strong 4Q industry checks that we believe indicate the company will report upside to consensus billings estimates." The firm added it thinks "CSOD will be in a stronger competitive position in 2015 that should drive higher realized pricing."
- Cornerstone reports on Feb. 11, and Qlik on Feb. 12.