Cornerstone OnDemand (CSOD) Receives Price Target

Cornerstone OnDemand (CSOD) : The most positive equity analysts on Cornerstone OnDemand (CSOD) expects the shares to touch $52, whereas, the least positive believes that the stock will trade at $36 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $48.33 with an expected fluctuation of $5.2 from the mean.

Cornerstone OnDemand (CSOD) has an average broker rating of 1.73, which is interpreted as a Buy, as rated by 11 equity analysts. Nonetheless, 7 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.


Also, Equity analysts at the Brokerage firm UBS maintains its rating on Cornerstone OnDemand (NASDAQ:CSOD). The rating major has initiated the coverage with buy rating on the shares. The Analysts at UBS raises the price target from $49 per share to $50 per share. The rating by the firm was issued on August 5, 2016.

Cornerstone OnDemand (NASDAQ:CSOD): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $43.52 and $43.24 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $44.89. The buying momentum continued till the end and the stock did not give up its gains. It closed at $44.82, notching a gain of 2.05% for the day. The total traded volume was 729,311 . The stock had closed at $43.92 on the previous day.

Cornerstone OnDemand, Inc. is a provider of talent management solutions delivered as Software-as-a-Service (SaaS). Cornerstones Enterprise and Mid-Market solution is a cloud-based suite that addresses hiring, developing, engaging employees throughout their careers. The Company also offers Cornerstone Growth Edition, which is a cloud-based talent management solution with learning and performance product offerings targeted to organizations with fewer than 400 employees. The Companys product offerings include Cornerstone Recruiting, Cornerstone Onboarding, Cornerstone Learning, Cornerstone Performance, Cornerstone Succession, Cornerstone Compensation, Cornerstone Extended Enterprise and Cornerstone for Salesforce. The Companys clients include multi-national companies, large domestic and foreign-based enterprises, mid-market companies, public sector organizations, higher education institutions and non-profit entities.

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