Market Overview

Morgan Stanley Sees Execution Challenges, Low Event Probability For TIBCO Software

Related TIBX
TIBCO Announces Open Source Version of TIBCO Jaspersoft 5.6
UPDATE: Barclays Upgrades Tibco Software Inc. On Acquisition News
Tech Rewind: Ebay Breaks Up With PayPal (Fox Business)

In a report published Thursday, Morgan Stanley analyst Keith Weiss reiterated an Equal-Weight rating on TIBCO Software (NASDAQ: TIBX).

In the report, Morgan Stanley noted, “Recent reports suggest TIBX may be in early stages of exploring strategic alternatives following recent weakness in its business, particularly Spotfire. While our SOTP analysis indicates 15-20% potential upside, we remain on the sidelines given execution challenges and low probability of an event.”

TIBCO Software closed on Wednesday at $21.35.

Latest Ratings for TIBX

DateFirmActionFromTo
Sep 2014RBC CapitalUpgradesUnderweightEqual-weight
Sep 2014BarclaysUpgradesUnderperformEqual-weight
Sep 2014Wells FargoDowngradesOutperformMarket Perform

View More Analyst Ratings for TIBX
View the Latest Analyst Ratings

Posted-In: Keith Weiss Morgan StanleyAnalyst Color Reiteration Analyst Ratings

 

Related Articles (TIBX)

Around the Web, We're Loving...

Get Benzinga's Newsletters