Market Overview

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

Share:
Related QLIK
Qlik Technologies Seeing Massive Growth In Asia-Pacific, Followed By Europe And North America
Jefferies Initiates Coverage On Software Companies
Big Data's Holy Grail: Analyzing Your Facebook Posts (Investor's Business Daily)

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
Mar 2015BarclaysMaintainsOverweight
Feb 2015Deutsche BankMaintainsHold
Feb 2015JefferiesMaintainsBuy

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...

Get Benzinga's Newsletters