Loading...
Loading...
Oppenheimer is out with its report today on Micros Systems
MCRS, maintaining Outperform.
In a note to clients, Oppenheimer writes, "Although we believe the selling environment remains challenging, based on AGYS's 4Q results and our recent channel checks, we believe MCRS's business trends are gradually improving and
FY4Q11 should be a solid quarter for MCRS. Additionally, although NT upside could be muted, we feel FY12 is shaping up to be a strong year and believe there is likely an upward bias to estimates."
Oppenheimer maintains a $58 PT on MCRS.
Shares of MCRS closed Tuesday at $46.94, up 1.32% from Monday's close.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In: Analyst ColorAnalyst RatingsInformation TechnologyMICROS SystemsOppenheimerSystems Software
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in