Cornerstone OnDemand (CSOD +1.7%) ticks higher after Needham starts coverage with a Buy. The...

|About: Cornerstone OnDemand, Inc. (CSOD)|By:, SA News Editor

Cornerstone OnDemand (CSOD +1.7%) ticks higher after Needham starts coverage with a Buy. The firm sees the acquisition of rivals Taleo and SuccessFactors as validating the cloud talent management software market, and leaving Cornerstone well-positioned to draw institutional interest. Needham estimates Cornerstone will grow revenue at a 28% CAGR through 2015.