Concur Technologies, Inc. (NASDAQ: CNQR) had price targets on them adjusted by analysts.
Concur Technologies, Inc. (CNQR) had its price target raised
by RBC Capital from $30.00 to $36.00. They have an “Underperform” rating on the company.
Concur Technologies, Inc. had its price target raised by Needham & Company from $48.00 to $62.00. They have a “Buy” rating on the company.
Concur Technologies, Inc. had its price target lowered Jefferies (NYSE:JEF) to $53.00. They have a “Buy” rating on the company.
Concur Technologies, Inc. had its price target raised by Morgan Keegan to $46.00.
Concur Technologies, Inc. had its price target raised by Oppenheimer to $52.00. They have an “Outperform” rating on the company.
Concur Technologies, Inc. had its price target raised by UBS AG (NYSE:UBS) from $42.00 to $48.00. They have a “Neutral” rating on the company.
Showing posts with label Concur. Show all posts
Showing posts with label Concur. Show all posts
Thursday, November 17, 2011
Thursday, September 1, 2011
Concur (CNQR) (CTCT) (IL) (LIOX) (LPSN) (LOGM) Get New Coverage
Concur (NASDAQ:CNQR), Constant Contact (NASDAQ:CTCT), IntraLinks (NYSE:IL), Lionbridge Technologies (NASDAQ:LIOX), LivePerson (NASDAQ:LPSN), LogMeIn (NASDAQ:LOGM) getting new coverage from Wunderlich.
Wunderlich initiated coverage on Concur (CNQR). They started them off with a "Buy" rating.
Wunderlich initiated coverage on Constant Contact (CTCT). They started them off with a "Buy" rating.
Wunderlich initiated coverage on IntraLinks (IL). They started them off with a "Buy" rating.
Wunderlich initiated coverage on Lionbridge Technologies (LIOX). They started them off with a "Buy" rating.
Wunderlich initiated coverage on LivePerson (LPSN). They started them off with a "Buy" rating.
Wunderlich initiated coverage on LogMeIn (LOGM). They started them off with a "Buy" rating.
Wunderlich initiated coverage on Concur (CNQR). They started them off with a "Buy" rating.
Wunderlich initiated coverage on Constant Contact (CTCT). They started them off with a "Buy" rating.
Wunderlich initiated coverage on IntraLinks (IL). They started them off with a "Buy" rating.
Wunderlich initiated coverage on Lionbridge Technologies (LIOX). They started them off with a "Buy" rating.
Wunderlich initiated coverage on LivePerson (LPSN). They started them off with a "Buy" rating.
Wunderlich initiated coverage on LogMeIn (LOGM). They started them off with a "Buy" rating.
Apple (AAPL) (CNQR) (SLG) (ORLY) (VMW) Ratings Reiterated
Apple Inc. (NASDAQ:AAPL), Concur Technologies Inc. (NASDAQ:CNQR), Green Realty Corp. (NYSE:SLG), O`Reilly Automotive Inc. (NASDAQ:ORLY) and VMware Inc. (NYSE:VMW) had ratings on them reiterated by analysts.
Barclays Capital reiterated its "Overweight" rating on Apple Inc. (AAPL). They have a price target of $515 on the company.
Robert W. Baird reiterated its "Outperform" rating on Concur Technologies Inc. (CNQR). They have a price target of $48 on the company.
FBR Capital Markets reiterated its "Outperform" rating on Green Realty Corp. (SLG). They lowered their price target on the company from $95 to $88.
Barclays Capital reiterated its "Overweight" rating on O`Reilly Automotive Inc. (ORLY). They have a price target of $71 on the company.
Deutsche Bank (NYSE:DB) reiterated its "Buy" rating on VMware Inc. (VMW). It has a price target of $145 on the company.
Barclays Capital reiterated its "Overweight" rating on Apple Inc. (AAPL). They have a price target of $515 on the company.
Robert W. Baird reiterated its "Outperform" rating on Concur Technologies Inc. (CNQR). They have a price target of $48 on the company.
FBR Capital Markets reiterated its "Outperform" rating on Green Realty Corp. (SLG). They lowered their price target on the company from $95 to $88.
Barclays Capital reiterated its "Overweight" rating on O`Reilly Automotive Inc. (ORLY). They have a price target of $71 on the company.
Deutsche Bank (NYSE:DB) reiterated its "Buy" rating on VMware Inc. (VMW). It has a price target of $145 on the company.
Wednesday, August 17, 2011
Oracle (ORCL) (WG) (BRO) (CNQR) (CRM) (ECYT) Get New Coverage
Oracle (NASDAQ: ORCL), Willbros Group, Inc. (NYSE: WG), Brown & Brown Inc. (NYSE: BRO), Concur Technologies, Inc. (NASDAQ: CNQR), Salesforce.com (NYSE: CRM) and Endocyte (NASDAQ: ECYT) getting new coverage from analysts.
Stifel Nicolaus initiated coverage on Willbros Group, Inc. (WG). They placed a “Buy” rating and a price target of $9.00 on the company.
Macquarie initiated coverage on Brown & Brown Inc. (BRO). They placed a “Neutral” rating on the company.
Morgan Keegan initiated coverage on Oracle (NASDAQ: ORCL). They placed an “Outperform” rating and a price target of $33.00 on the company.
Morgan Keegan initiated coverage on Concur Technologies, Inc. (CNQR). They placed a “Market Perform” rating and a price target of $42.00 on the company.
Morgan Keegan initiated coverage on Salesforce.com (CRM). They placed an “Outperform” rating and a price target of $165.00 on the company.
Cowen initiated coverage on Endocyte (ECYT). They placed an “Outperform” rating on the company.
Stifel Nicolaus initiated coverage on Willbros Group, Inc. (WG). They placed a “Buy” rating and a price target of $9.00 on the company.
Macquarie initiated coverage on Brown & Brown Inc. (BRO). They placed a “Neutral” rating on the company.
Morgan Keegan initiated coverage on Oracle (NASDAQ: ORCL). They placed an “Outperform” rating and a price target of $33.00 on the company.
Morgan Keegan initiated coverage on Concur Technologies, Inc. (CNQR). They placed a “Market Perform” rating and a price target of $42.00 on the company.
Morgan Keegan initiated coverage on Salesforce.com (CRM). They placed an “Outperform” rating and a price target of $165.00 on the company.
Cowen initiated coverage on Endocyte (ECYT). They placed an “Outperform” rating on the company.
Monday, August 15, 2011
DragonWave (DRWI) (DOW) (CNQR) (DV) (HOT) (HST) (IL) (LYB) Downgraded
DragonWave Inc. (NASDAQ: DRWI), The Dow Chemical Company (NYSE: DOW), Concur Technologies, Inc. (NASDAQ: CNQR), DeVry Inc. (NYSE: DV), Starwood Hotels (NYSE: HOT), Host Hotels & Resorts, Inc. (NYSE: HST), IntraLinks Holdings, Inc. (NYSE: IL) and LyondellBasell (NYSE: LYB) downgraded by analysts.
Concur Technologies, Inc. (CNQR) was downgraded by RBC Capital from an “Outperform” rating to an “Underperform” rating. They have a price target of $30.00 on the company, down from $54.00.
The Dow Chemical Company (DOW) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating.
DragonWave Inc. (DRWI) was downgraded by Jefferies (NYSE:JEF) from a “Buy” rating to a “Hold” rating. They have a price target of $3.50 on the company, down from $9.50.
DeVry Inc. (DV) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $53.00 on the company, down from $71.00.
Starwood Hotels (HOT) was downgraded by Jefferies from a “Buy” rating to a “Hold” rating. They have a price target of $42.00 on the company, down from $68.00.
Host Hotels & Resorts, Inc. (HST) was downgraded by Jefferies from a “Buy” rating to a “Jold” rating.
IntraLinks Holdings, Inc. (IL) was downgraded by Credit Suisse (NYSE:CS) to a “Neutral” rating.
LyondellBasell (LYB) was downgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Sell” rating.
Concur Technologies, Inc. (CNQR) was downgraded by RBC Capital from an “Outperform” rating to an “Underperform” rating. They have a price target of $30.00 on the company, down from $54.00.
The Dow Chemical Company (DOW) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating.
DragonWave Inc. (DRWI) was downgraded by Jefferies (NYSE:JEF) from a “Buy” rating to a “Hold” rating. They have a price target of $3.50 on the company, down from $9.50.
DeVry Inc. (DV) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $53.00 on the company, down from $71.00.
Starwood Hotels (HOT) was downgraded by Jefferies from a “Buy” rating to a “Hold” rating. They have a price target of $42.00 on the company, down from $68.00.
Host Hotels & Resorts, Inc. (HST) was downgraded by Jefferies from a “Buy” rating to a “Jold” rating.
IntraLinks Holdings, Inc. (IL) was downgraded by Credit Suisse (NYSE:CS) to a “Neutral” rating.
LyondellBasell (LYB) was downgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Sell” rating.
Tuesday, July 12, 2011
Great Panther (GPL) (TWC) (CNQR) (CVC) (DISH) Get New Coverage from Analysts
Great Panther Silver (AMEX: GPL), Time Warner Cable (NYSE: TWC), Concur Technologies, Inc. (NASDAQ: CNQR), Cablevision (NYSE: CVC) and DISH (NASDAQ: DISH) had coverage initiated on them by analysts.
Global Hunter Securities initiated coverage on Great Panther Silver (GPL). They placed an “accumulate” rating and a price target of $4.25 on the company.
Brean Murray initiated coverage on Time Warner Cable (TWC). They placed a “hold” rating on the company.
Barclays Capital initiated coverage on Concur Technologies, Inc. (CNQR). They placed an “equal weight” rating and a price target of $54.00 on the company.
Brean Murray initiated coverage on Cablevision (CVC). They placed a “hold” rating on the company.
Brean Murray initiated coverage on DISH (DISH). They placed a “buy” rating and a price target of $41.00 on the company.
Great Panther closed Monday at $3.60, falling $0.13, or 3.49 percent. Time Warner Cable closed at $77.78, dropping $1.46, or 1.84 percent. Concur Tech ended the day at $50.61, down $1.09, or 2.11 percent. Cablevision closed at $26.56, declining $0.66, or 2.42 percent. DISH Network closed at $31.23, losing $0.55, or 1.73 percent.
Global Hunter Securities initiated coverage on Great Panther Silver (GPL). They placed an “accumulate” rating and a price target of $4.25 on the company.
Brean Murray initiated coverage on Time Warner Cable (TWC). They placed a “hold” rating on the company.
Barclays Capital initiated coverage on Concur Technologies, Inc. (CNQR). They placed an “equal weight” rating and a price target of $54.00 on the company.
Brean Murray initiated coverage on Cablevision (CVC). They placed a “hold” rating on the company.
Brean Murray initiated coverage on DISH (DISH). They placed a “buy” rating and a price target of $41.00 on the company.
Great Panther closed Monday at $3.60, falling $0.13, or 3.49 percent. Time Warner Cable closed at $77.78, dropping $1.46, or 1.84 percent. Concur Tech ended the day at $50.61, down $1.09, or 2.11 percent. Cablevision closed at $26.56, declining $0.66, or 2.42 percent. DISH Network closed at $31.23, losing $0.55, or 1.73 percent.
Wednesday, May 4, 2011
Price Targets On (CLX) (CNQR) (COCO) (COHR) (DOLE) Updated by Analysts
Analysts have updated their price targets on Clorox Co (NYSE: CLX), Concur Technologies, Inc. (NASDAQ: CNQR), Corinthian Colleges, Inc. (NASDAQ: COCO), Coherent, Inc. (NASDAQ: COHR) and Dole Food (NASDAQ: DOLE).
Goldman Sachs (NYSE:GS) cut their price target on Clorox Co (CLX) to $64.00. They have a “neutral” rating on the company. They lowered their EPS estimates on the company citing the catalyst of higher commodity costs.
FBR Capital raised their price target on Concur Technologies, Inc. (CNQR) from $58.00 to $60.00. They have an “outperform” rating on the company.
Credit Suisse (NYSE:CS) cut their price target on Corinthian Colleges, Inc. (COCO) to $4.00. They have a “neutral” rating on the company.
Longbow Research raised their price target on Coherent, Inc. (COHR) from $66.00 to $70.00. They have a “buy” rating on the company.
Goldman Sachs raised their price target on Dole Food (DOLE) to $14.00. They have a “neutral” rating on the company. They boosted their EPS estimates on the company, citing the stronger fresh fruit business.
Goldman Sachs (NYSE:GS) cut their price target on Clorox Co (CLX) to $64.00. They have a “neutral” rating on the company. They lowered their EPS estimates on the company citing the catalyst of higher commodity costs.
FBR Capital raised their price target on Concur Technologies, Inc. (CNQR) from $58.00 to $60.00. They have an “outperform” rating on the company.
Credit Suisse (NYSE:CS) cut their price target on Corinthian Colleges, Inc. (COCO) to $4.00. They have a “neutral” rating on the company.
Longbow Research raised their price target on Coherent, Inc. (COHR) from $66.00 to $70.00. They have a “buy” rating on the company.
Goldman Sachs raised their price target on Dole Food (DOLE) to $14.00. They have a “neutral” rating on the company. They boosted their EPS estimates on the company, citing the stronger fresh fruit business.
Ratings On (AMAG) (CEDC) (CHK) (CNQR) (DGI) Downgraded by Analysts
Analysts downgraded AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG), Central European Distribution Corp (NASDAQ: CEDC), Chesapeake Energy (NYSE: CHK), Concur Technologies, Inc. (NASDAQ: CNQR) and DigitalGlobe Inc (NYSE: DGI) today.
JPMorgan Chase & Co. (NYSE:JPM) downgraded AMAG Pharmaceuticals, Inc. (AMAG) from an “overweight” rating to a “neutral” rating.
Goldman Sachs (NYSE:GS) downgraded Central European Distribution Corp (CEDC) from a “buy” rating to a “neutral” rating.
Global Hunter Securities downgraded Chesapeake Energy (CHK) from a “buy” rating to an “accumulate” rating. They have a price target of $39.00 on the company.
Gleacher & Co. downgraded Concur Technologies, Inc. (CNQR) from a “buy” rating to a “neutral” rating.
The Benchmark Company downgraded DigitalGlobe Inc (DGI) from a “buy” rating to a “hold” rating. They have a price target of $30.00 on the company, down previously from $38.00.
JPMorgan Chase & Co. (NYSE:JPM) downgraded AMAG Pharmaceuticals, Inc. (AMAG) from an “overweight” rating to a “neutral” rating.
Goldman Sachs (NYSE:GS) downgraded Central European Distribution Corp (CEDC) from a “buy” rating to a “neutral” rating.
Global Hunter Securities downgraded Chesapeake Energy (CHK) from a “buy” rating to an “accumulate” rating. They have a price target of $39.00 on the company.
Gleacher & Co. downgraded Concur Technologies, Inc. (CNQR) from a “buy” rating to a “neutral” rating.
The Benchmark Company downgraded DigitalGlobe Inc (DGI) from a “buy” rating to a “hold” rating. They have a price target of $30.00 on the company, down previously from $38.00.
Wednesday, January 26, 2011
Concur Tech (NASDAQ:CNQR) is a Multiyear Growth Story Says FBR
Even though the seasonal slowdown is hitting Concur Tech (NASDAQ:CNQR), FBR sees them benefiting over the long haul as corporate spending and travel continue to remain healthy through 2011.
FBR says, "Despite difficult YOY travel data comparisons and an anticipated seasonal slowdown in business travel during 4Q, business travel metrics remain at elevated levels, suggesting that robust corporate travel activity persists. Since the inflection point for growth in corporate spending occurred in 2Q09, we are no longer expecting acceleration in corporate travel; however, we do expect corporate travel growth rates to remain at very healthy levels over 2011. We reiterate our thesis that Concur is a multiyear growth story benefiting from a strengthening core business and a few meaningful new growth opportunities, most notably international expansion and SMB penetration."
FBR Capital reiterates an "Outperform" rating on Concur Tech (CNQR), which closed Tuesday at $51.00, up $0.37, or 0.73 percent. FBR has a price target of $58 on Concur.
FBR says, "Despite difficult YOY travel data comparisons and an anticipated seasonal slowdown in business travel during 4Q, business travel metrics remain at elevated levels, suggesting that robust corporate travel activity persists. Since the inflection point for growth in corporate spending occurred in 2Q09, we are no longer expecting acceleration in corporate travel; however, we do expect corporate travel growth rates to remain at very healthy levels over 2011. We reiterate our thesis that Concur is a multiyear growth story benefiting from a strengthening core business and a few meaningful new growth opportunities, most notably international expansion and SMB penetration."
FBR Capital reiterates an "Outperform" rating on Concur Tech (CNQR), which closed Tuesday at $51.00, up $0.37, or 0.73 percent. FBR has a price target of $58 on Concur.
Tuesday, January 11, 2011
Concur (Nasdaq:CNQR), SuccessFactors (Nasdaq:SFSF), Oracle (Nasdaq:ORCL), Limelight (Nasdaq:LLNW) Should Outperform
Concur (Nasdaq:CNQR), SuccessFactors (Nasdaq:SFSF), Oracle (Nasdaq:ORCL) and Limelight (Nasdaq:LLNW) are all considered outperformers by FBR, with all of them considered leaders in their respective sector.
FBR said, "With the start of each new year, we like to look at how our covered companies will perform against Street expectations for that year.
"Specifically, we break down expectations into two components: (1) consensus estimates and (2) what we believe are the embedded expectations in the shares. Sometimes they are synonymous; sometimes they can vary dramatically, particularly in our sector. While executing against these expectations is only one factor driving share performance, it clearly is an important one. It is under that premise that we then chart the potential performance against each expectation to graphically depict those shares that we believe should outperform."
1) SaaS vendors of choice: We believe Concur Technologies (Nasdaq: CNQR) and SuccessFactors (Nasdaq: SFSF) can both execute well against expectations. Regarding Concur, we believe the company's numerous growth initiatives will help drive upside, most notably in the back half of the year. For SuccessFactors, we expect the company's renewed focus on building out sales capacity and targeting new customer growth, combined with an expansive suite of solutions and an underpenetrated market, should provide significant tailwinds that allow the company to post better-than-expected billings growth.
2) Traditional software vendor of choice: We think Oracle (Nasdaq: ORCL) is best positioned among the traditional software vendors because we think there are greater cost synergies to be had with the Sun acquisition than expected and because we believe the company will start to compete sooner and better than expected in the integrated systems marketplace; all of which should drive consistent and modest outperformance versus expectations.
3) CDN of choice: Of the two pure-play content delivery network (CDN) vendors, we prefer shares of Limelight Networks (Nasdaq: LLNW). We believe this turnaround story is still in progress, that expectations remain low, and that the company's ability to execute against those expectations is good.
Concur was trading at $54.97, up $0.29, or 0.53 percent, as of 11:29 AM EST. SuccessFactors SuccessFactors was at $31.33, up $0.21, or 0.67 percent. Oracle was trading at $31.00, down $0.04, or 0.10 percent. Limelight was at $6.16, down 0.09, or 1.44 percent.
FBR said, "With the start of each new year, we like to look at how our covered companies will perform against Street expectations for that year.
"Specifically, we break down expectations into two components: (1) consensus estimates and (2) what we believe are the embedded expectations in the shares. Sometimes they are synonymous; sometimes they can vary dramatically, particularly in our sector. While executing against these expectations is only one factor driving share performance, it clearly is an important one. It is under that premise that we then chart the potential performance against each expectation to graphically depict those shares that we believe should outperform."
1) SaaS vendors of choice: We believe Concur Technologies (Nasdaq: CNQR) and SuccessFactors (Nasdaq: SFSF) can both execute well against expectations. Regarding Concur, we believe the company's numerous growth initiatives will help drive upside, most notably in the back half of the year. For SuccessFactors, we expect the company's renewed focus on building out sales capacity and targeting new customer growth, combined with an expansive suite of solutions and an underpenetrated market, should provide significant tailwinds that allow the company to post better-than-expected billings growth.
2) Traditional software vendor of choice: We think Oracle (Nasdaq: ORCL) is best positioned among the traditional software vendors because we think there are greater cost synergies to be had with the Sun acquisition than expected and because we believe the company will start to compete sooner and better than expected in the integrated systems marketplace; all of which should drive consistent and modest outperformance versus expectations.
3) CDN of choice: Of the two pure-play content delivery network (CDN) vendors, we prefer shares of Limelight Networks (Nasdaq: LLNW). We believe this turnaround story is still in progress, that expectations remain low, and that the company's ability to execute against those expectations is good.
Concur was trading at $54.97, up $0.29, or 0.53 percent, as of 11:29 AM EST. SuccessFactors SuccessFactors was at $31.33, up $0.21, or 0.67 percent. Oracle was trading at $31.00, down $0.04, or 0.10 percent. Limelight was at $6.16, down 0.09, or 1.44 percent.
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