UPDATE: Jefferies Reiterates Buy Rating, Raises PT on Compuware Corporation Following 4Q Revenue

In a report published Wednesday, Jefferies analyst Aaron Schwartz reiterated a Buy rating on Compuware Corporation

, and slightly raised the price target from $12.00 to $13.00. In the report, Schwartz noted, “CPWR reported 4Q revenue consistent with preliminary figures and issued FY14 guidance inline with consensus estimates. Quarter-to-quarter consistency still needs to be proven. But value enhancement initiatives—cost rationalization, capital reallocation and asset monetization—are progressing, which provides a backstop for the stock while the potential for strategic activities evolves.” Compuware Corporation closed on Tuesday at $11.32.