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Deutsche Bank Lifts Price Targets On Application Sftware Companies (ADBE, ORCL, CRM, more...)


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October 8, 2009 2:18 PM EDT
FIC Hot Sheet
Rating Summary:
    0 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 25 | Down: 12 | New: 36
Deutsche Bank raised their price targets on a number of application software companies today, citing positive signs for the second half of the year.

  • Fair Isaac (NYSE: FIC) target from $17 to $20
  • Informatica (Nasdaq: INFA) target from $23 to $26
  • PROS (NYSE: PRO) target from $12 to $13
  • Verin (OTC: VRNT) target from $16 to $18
  • Nice Systems (Nasdaq: NICE) target from $27 to $30
  • Nuance Comm (Nasdaq: NUAN) target from $18 to $20
  • Ariba (Nasdaq: ARBA) maintained at $16
  • Concur (Nasdaq: CCUR) target from $32 to $36
  • RightNow (Nasdaq: RNOW) from $15 to $16
  • Salesforce.com (NYSE: CRM) from $65 to $80
  • Taleo (Nasdaq: TLEO) target from from $27 to $33
  • Ultimate Software (Nasdaq: ULTI) target from $18 to $24
  • Netsuite (NYSE: N) target from $12 to $15
  • DemandTec (Nasdaq: DMAN) maintained at $10
  • Sucessfactors (Nasdaq: SFSF) target from $15 to $22
  • Intuit (Nasdaq: INTU) target maintained at $40
  • Comverse (Nasdaq: COMV) target from $12 to $14
  • NeuStar (NYSE: NSR) target from $25 to $27
  • Synchronoss (Nasdaq: SNCR) target from $18 to $20
  • Adobe (Nasdaq: ADBE) target from $40 to $44
  • Ansys (Nasdaq: ANSS) target from $34 to $45
  • Autodesk (Nasdaq: ADSK) target from $24 to $25
  • Lawson Software (Nasdaq: LWSN) maintained at $9
  • Parametric Tech (Nasdaq: PMTC) target from $16 to $15
  • Oracle (Nasdaq: ORCL) target from $20 to $22

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