Market Overview

UPDATE: Morgan Stanley Reiterates on Qlik Technologies on Path to Bigger Market Opportunity

Share:
Related QLIK
3 High-Risk Cloud Computing Stocks...And 4 Better Alternatives
Qlik Technologies Seeing Massive Growth In Asia-Pacific, Followed By Europe And North America
Qlik Technologies' (QLIK) CEO Lars Björk on Q1 2015 Results - Earnings Call Transcript (Seeking Alpha)

In a report published Friday, Morgan Stanley analyst Keith Weiss reiterated an Overweight rating on Qlik Technologies (NASDAQ: QLIK), but removed the $37.00 price target.

In the report, Morgan Stanley noted, “A more engaging and easier to use development environment within QlikView Next opens up new opportunities with business users, while new API enablement expands the platform capabilities of the core Qlik data engine. While this opportunity expansion may be obscured by investor confusion around the new token-based pricing, we would be buyers on any weakness in QLIK.”

Qlik Technologies closed on Thursday at $28.98.

Latest Ratings for QLIK

DateFirmActionFromTo
Apr 2015CitigroupMaintainsBuy
Apr 2015JefferiesMaintainsBuy
Apr 2015JMP SecuritiesMaintainsMarket Outperform

View More Analyst Ratings for QLIK
View the Latest Analyst Ratings

Posted-In: Keith Weiss Morgan StanleyAnalyst Color Price Target Analyst Ratings

 

Related Articles (QLIK)

Around the Web, We're Loving...