Research Reports Initiation on Application Software Stocks -- Mobileye, Adobe Systems, Nuance Communications, and Splunk

NEW YORK, January 17, 2017 /PRNewswire/ --

Last Friday, the NASDAQ Composite and the S&P 500 ended the day up 0.18% and 0.48%, respectively. The Dow Jones Industrial Average, on its part, slipped in bearish territory as it edged marginally lower by 0.03% to finish at 19,885.73. Gains were broad based as seven out of nine sectors finished the trading session in green. This Tuesday, Stock-Callers.com has initiated research reports on the following Application Software stocks: Mobileye N.V. (NYSE: MBLY), Adobe Systems Inc. (NASDAQ: ADBE), Nuance Communications Inc. (NASDAQ: NUAN), and Splunk Inc. (NASDAQ: SPLK). You can access our complimentary research reports on these stocks now at:

http://stock-callers.com/registration

Mobileye  

Jerusalem, Israel headquartered Mobileye N.V.'s stock advanced 3.28%, to close the day at $42.18. The stock recorded a trading volume of 3.20 million shares. Mobileye's shares have gained 15.72% in the last one month, 12.81% in the previous three months, and 37.98% in the past one year. The Company's shares are trading 11.82% and 3.59% above its 50-day and 200-day moving averages, respectively. Shares of the Company, which together with its subsidiaries, develops computer vision and machine learning, data analysis, and localization and mapping for advanced driver assistance systems and autonomous driving technologies primarily in Israel, are trading at a PE ratio of 105.98. Additionally, the stock has a Relative Strength Index (RSI) of 64.61.

On January 13^th, 2017, research firm Jefferies initiated a 'Buy' rating on the Company's stock. Visit us today and download your complete report on MBLY for free at:

http://stock-callers.com/registration/?symbol=MBLY

Adobe Systems  

On Friday, shares in San Jose, California headquartered Adobe Systems Inc. ended the session 0.06% lower at $108.53 with a total volume of 1.59 million shares traded. Adobe Systems' shares have advanced 2.24% in the last one month and 0.48% in the previous three months. Furthermore, the stock has gained 20.86% in the past one year. Shares of the Company, which operates as a diversified software company worldwide, are trading at a PE ratio of 55.29. The stock is trading 3.37% above its 50-day moving average and 7.52% above its 200-day moving average. Moreover, the Company's shares have an RSI of 64.35.

On January 12^th, 2017, research firm Pivotal Research Group downgraded the Company's stock rating from 'Buy' to 'Hold' while revising its previous target price from $136 a share to $104 a share. The complimentary research report on ADBE can be accessed at:

http://stock-callers.com/registration/?symbol=ADBE

Nuance Communications  

On Friday, shares in Burlington, Massachusetts headquartered Nuance Communications Inc. recorded a trading volume of 1.49 million shares. The stock ended the day 0.26% higher at $15.57. Nuance Communications' stock has gained 13.07% in the last three months. The Company is trading above its 50-day moving average by 1.81%. Furthermore, shares of Nuance Communications, which provides voice recognition and natural language understanding solutions worldwide, have an RSI of 56.28.

On January 06^th, 2017, research firm Barclays upgraded the Company's stock rating from 'Equal Weight' to 'Overweight'. Register for free on Stock-Callers.com and download the PDF research report on NUAN at:

http://stock-callers.com/registration/?symbol=NUAN

Splunk  

San Francisco, California headquartered Splunk Inc.'s stock finished Friday's session 0.16% higher at $56.42 with a total volume of 3.08 million shares traded. Over the last three months and the previous one year, Splunk's shares have advanced 0.14% and 11.15%, respectively. The Company's shares are trading below its 50-day and 200-day moving averages by 0.25% and 0.42%, respectively. Shares of Splunk, which provides software solutions that enable organizations to gain real-time operational intelligence in the US and internationally, have an RSI of 54.32.

On January 11^th, 2017, research firm Wells Fargo initiated an 'Outperform' rating on the Company's stock. Get free access to your research report on SPLK at:

http://stock-callers.com/registration/?symbol=SPLK

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