Jefferies Starts Tibco Software, Inc. (TIBX) at Buy
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Price: $24.03 --0%
Rating Summary:
5 Buy, 19 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
5 Buy, 19 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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Jefferies initiates coverage on Tibco Software, Inc. (NASDAQ: TIBX) with a Buy. PT $42.00.
The firm comments, "TIBCO has been built to manage the deluge and complexity of data growth. The Big Data movement is validating its approach and pushing its solutions mainstream, creating a mass category expansion scenario for the company. We believe TIBCO will see a prolonged period of elevated growth and as such, we initiate coverage with a Buy."
For an analyst ratings summary and ratings history on Tibco Software, Inc. click here. For more ratings news on Tibco Software, Inc. click here.
Shares of Tibco Software, Inc. closed at $31.56 yesterday.
The firm comments, "TIBCO has been built to manage the deluge and complexity of data growth. The Big Data movement is validating its approach and pushing its solutions mainstream, creating a mass category expansion scenario for the company. We believe TIBCO will see a prolonged period of elevated growth and as such, we initiate coverage with a Buy."
For an analyst ratings summary and ratings history on Tibco Software, Inc. click here. For more ratings news on Tibco Software, Inc. click here.
Shares of Tibco Software, Inc. closed at $31.56 yesterday.
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