In a research note previewing the year ahead for Application and Infrastructure Software, Piper Jaffray analyst Alex Zukin raised his price target for Twilio (TWLO) to $110 from $95 and for Zendesk (ZEN) to $85 from $72.50. The analyst keeps Overweight ratings on both names. His top picks for 2019 are Twilio, Zendesk and Adobe (ADBE). Zukin believes all three possess a combination of “strong fundamentals given their respective leadership positions in large markets and positive numbers revisions on already discounted valuations vs. peers.” The analyst also made some “wild predictions of potential industry shaking events.” He admits these are “low probability” predictions. The first one is Amazon.com (AMZN) spinning out Web Services. The second “wild” prediction is Oracle (ORCL) going private. The third is Google (GOOG, GOOGL) buying ServiceNow (NOW). And the fourth is Salesforce agreeing to merge with Workday (WDAY) in an all-stock transaction.