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UPDATE: JP Morgan Downgrades Taleo to Neutral
Friday, February 10, 2012 - 9:56amJP Morgan reduces its rating on Taleo (NASDAQ: TLEO) to Neutral from Overweight following acquisition announcement by Oracle. It raises its price target to $46 from $38 to reflect the offer price. JP Morgan says, "Yesterday, TLEO announced it had entered into a definitive agreement to...
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