UPDATE: Morgan Keegan Color On OPNT Target Increase

Morgan Keegan, which raised its PT on shares of OPNET Technologies Inc. (NASDAQ: OPNT), is providing some color on the stock.

“4Q11 checks suggest that secular trends in the APM (Application Performance Management) market remain healthy and OPNET's competitive positioning is strong,” Morgan Keegan writes.

“Specifically, we sense strong activity both from existing and new customers, and increasing volume of mid-size APM transactions. Competitively, customers highlight broad system functionality, rapid fault resolution and remediation, and strong diagnostics into infrastructure components for multi-tier transaction analysis as key technology differentiators.”

OPNET Technologies closed Wednesday at $37.08.