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BMO Capital Markets Reiterates Market Perform Rating, $30 PT for TIBCO Software

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In a report published earlier today, BMO Capital Markets reiterated its Market Perform rating and $30.00 price target for TIBCO Software Inc. (NASDAQ: TIBX).

BMO Capital went on to say “We are adjusting our fiscal 2012 estimates for the recent acquisition of LogLogic as well as currency shifts. We are raising our revenue estimate to $1.08 billion from $1.07 billion and reaffirming our non-GAAP EPS estimate of $1.18.”

TIBCO Software Inc. closed on Friday at $26.69.

Latest Ratings for TIBX

DateFirmActionFromTo
Sep 2014Bank of AmericaDowngradesBuyNeutral
Jun 2014SusquehannaDowngradesPositiveNeutral
Jun 2014BarclaysMaintainsUnderweight

View More Analyst Ratings for TIBX
View the Latest Analyst Ratings

Posted-In: BMO Capital MarketsAnalyst Color Reiteration Analyst Ratings

 

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