Latest news with #KojiIkeda
Business Insider
20-07-2025
- Business
- Business Insider
MeridianLink (MLNK) Receives a Sell from Bank of America Securities
In a report released on July 18, Koji Ikeda from Bank of America Securities maintained a Sell rating on MeridianLink, with a price target of $17.00. The company's shares closed last Friday at $16.21. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Ikeda is a 5-star analyst with an average return of 12.6% and a 59.05% success rate. Ikeda covers the Technology sector, focusing on stocks such as Datadog, nCino, and Gitlab. MeridianLink has an analyst consensus of Hold, with a price target consensus of $17.00.
Business Insider
20-07-2025
- Business
- Business Insider
Bank of America Securities Sticks to Its Hold Rating for nCino (NCNO)
Bank of America Securities analyst Koji Ikeda reiterated a Hold rating on nCino on July 18 and set a price target of $34.00. The company's shares closed last Friday at $30.61. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Ikeda covers the Technology sector, focusing on stocks such as Datadog, nCino, and Gitlab. According to TipRanks, Ikeda has an average return of 12.6% and a 59.05% success rate on recommended stocks. In addition to Bank of America Securities, nCino also received a Hold from TR | OpenAI – 4o's Ivy Interfayce in a report issued on July 18. However, on July 14, Robert W. Baird upgraded nCino (NASDAQ: NCNO) to a Buy. NCNO market cap is currently $3.55B and has a P/E ratio of -120.42. Based on the recent corporate insider activity of 87 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NCNO in relation to earlier this year. Last month, Spencer Lake, a Director at NCNO sold 7,119.00 shares for a total of $184,828.66.
Business Insider
19-07-2025
- Business
- Business Insider
Bank of America Securities Sticks to Their Buy Rating for Gitlab (GTLB)
In a report released today, Koji Ikeda from Bank of America Securities reiterated a Buy rating on Gitlab, with a price target of $72.00. The company's shares opened today at $44.22. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Ikeda is a 5-star analyst with an average return of 12.5% and a 58.54% success rate. Ikeda covers the Technology sector, focusing on stocks such as Datadog, Gitlab, and nCino. Gitlab has an analyst consensus of Strong Buy, with a price target consensus of $61.48, which is a 39.03% upside from current levels. In a report released on July 15, Rosenblatt Securities also initiated coverage with a Buy rating on the stock with a $58.00 price target. Based on Gitlab's latest earnings release for the quarter ending April 30, the company reported a quarterly revenue of $214.51 million and a GAAP net loss of $35.88 million. In comparison, last year the company earned a revenue of $169.19 million and had a GAAP net loss of $54.64 million Based on the recent corporate insider activity of 76 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GTLB in relation to earlier this year. Last month, Matthew Jacobson, a Director at GTLB sold 129,400.00 shares for a total of $5,476,208.00.
Yahoo
14-07-2025
- Business
- Yahoo
Google's Massive Windsurf Play Heats Up DevSecOps
Google's (NASDAQ:GOOG) $2.4 billion deal for Windsurf's AI code-generation tools has shaken up DevSecOps, putting pressure on GitLab (NASDAQ:GTLB) and JFrog (NASDAQ:FROG) to step up their AI game. Bank of America's Koji Ikeda notes that Windsurf and Cursor are at the core of a generative-AI surge in application development, security and operations. Companies embedding these smart assistants without built-in safeguards are racing to bolster security around their code pipelines. Warning! GuruFocus has detected 7 Warning Signs with FROG. GitLab has quietly added AI-driven code suggestions to its Premium and Ultimate plans at no extra cost, but now it needs to prove those features are actually driving customer value. JFrog, long a leader in binary repositories, faces its own challenge as AI workflows threaten to redraw competitive lines. As agentic AI expands attack surfaces and accelerates development cycles, DevSecOps budgets are set to swell. Platforms that knit advanced code-generation into secure, seamless workflows will capture a growing share of enterprise spend. Keep an eye on new feature launches, strategic partnerships or even M&A activity. Any bold move by GitLab or JFrog could redefine who leads in this fast-evolving space. This article first appeared on GuruFocus.
Yahoo
28-06-2025
- Business
- Yahoo
BofA Raises Datadog (DDOG) Price Target, Maintains Buy Rating
Datadog, Inc. (NASDAQ:DDOG) is one of . Bank of America analyst Koji Ikeda has raised the firm's price target on Datadog, Inc. (NASDAQ:DDOG) to $150 from $138 while maintaining a Buy rating on the shares. The upgrade reflects growing confidence in Datadog's long-term growth prospects, following encouraging insights from the company's recent customer event and survey data. A close-up of a laptop with a software engineer coding on the monitor. Ikeda cited strong feedback from Datadog's annual DASH conference, where enterprise adoption trends and product momentum were evident. The analyst noted that sentiment among customers remains positive, pointing to continued investment in observability and cloud infrastructure monitoring tools. These insights align with results from Bank of America's proprietary Datadog survey, which highlighted a stable demand environment and increasing customer reliance on the platform's expanded capabilities. According to Ikeda, Datadog remains one of the most well-positioned vendors in the observability space, supported by durable top-line growth and strong free cash flow performance. He believes the company is on track to sustain more than 20% annual revenue growth and 20%-plus free cash flow margins over the long term, underpinned by its broad product portfolio and expanding enterprise footprint. With the increased price target, Bank of America reinforces Datadog, Inc. (NASDAQ:DDOG) as a 'top pick' for the second half of 2025. The firm views Datadog's continued innovation and customer traction as key drivers of upside in a competitive software landscape. While we acknowledge the potential of DDOG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DDOG and that has 100x upside potential, check out our report about this cheapest AI NEXT: 10 Best Small Cap Tech Stocks With Biggest Upside Potential and 7 Most Popular AI Penny Stocks Under $5 To Avoid. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
