The Benchmark Company Maintains Buy Rating and $10 PT on Guidance Software
A report from The Benchmark Company reiterates its Buy rating and $10 price target on Guidance Software (NASDAQ: GUID).
The report states, “Last night, GUID reported good F3Q11 results, delivering relatively inline total revenue, and license revenue and EPS solidly above our estimates. Management raised its 2011 outlook and remarked that it has seen little evidence of a slowdown or a change in buying behavior amidst the recent macro uncertainty."
GUID closed yesterday at $5.82.
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