According to Deutsche Bank, DemandTec (NASDAQ:
DMAN) Buy rating is maintained.
Deutsche Bank said that DemandTec reported revenues and adjusted non-GAAP EPS of $22.5m/($0.04) slightly better than DB/street estimates of $22.5m/($0.06). “We do not see near-term catalysts, but recommend buying on weakness, as the company's long-term fundamentals remain intact.”
DemandTec closed yesterday at $9.10.
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