.png "Cornerstone Ondemand (NASDAQ: CSOD)")
Piper Jaffray analyst Alex Zukin reiterated a Buy rating on Cornerstone Ondemand (NASDAQ: CSOD) today and set a price target of $65. The company’s shares closed yesterday at $50.68.
According to TipRanks.com, Zukin is a top 100 analyst with an average return of 23.7% and a 79.3% success rate. Zukin covers the Technology sector, focusing on stocks such as Ceridian HCM Holding Inc, Tyler Technologies, and Ultimate Software.
Currently, the analyst consensus on Cornerstone Ondemand is a Strong Buy with an average price target of $58, a 14.4% upside from current levels. In a report issued on August 3, B.Riley FBR also reiterated a Buy rating on the stock.
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Based on Cornerstone Ondemand’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $12.01 million. In comparison, last year the company had a GAAP net loss of $21.27 million.
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Cornerstone OnDemand, Inc. engages in the provision of learning and talent management solutions delivered as Software-as-a-Service. It is also involved in providing support packages; client success framework; technical consulting; and content, implementation, business consulting, and educational services.
