UBS' Brent Thill cuts estimates for over a dozen enterprise software stocks. He cites the usual...
UBS' Brent Thill cuts estimates for over a dozen enterprise software stocks. He cites the usual worries (macro problems in the West, delayed deals, forex issues, poor visibility), and thinks Informatica and Qlik's warnings made clear the severity of the situation. As a result, he recommends software investors stay cautious during earnings reason, and thinks prices could remain volatile until later this summer.
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