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

October 8, 2009 2:18 PM EDT

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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Analyst Comments

Stocks Mentioned

ADBE 32.40

+0.35 +1.09%
Volume: 4,103,593
Track ADBE

ADSK 23.71

+0.61 +2.64%
Volume: 2,614,519
Track ADSK

ANSS 41.04

+0.36 +0.88%
Volume: 154,469
Track ANSS

ARBA 11.41

+0.19 +1.69%
Volume: 478,889
Track ARBA

CCUR 4.55

+0.06 +1.34%
Volume: 2,200
Track CCUR

COMV 10.46

+0.60 +6.09%
Volume: 65,873
Track COMV

CRM 64.67

+2.55 +4.10%
Volume: 1,093,038
Track CRM

DMAN 6.00

+0.07 +1.18%
Volume: 148,959
Track DMAN

FIC 21.32

+0.00 +0.00%
Volume: 648,821
Track FIC

INFA 23.25

+0.39 +1.71%
Volume: 302,756
Track INFA

INTU 29.27

-0.09 -0.31%
Volume: 1,842,955
Track INTU

LWSN 5.97

+0.22 +3.83%
Volume: 759,535
Track LWSN

N 12.63

+0.50 +4.12%
Volume: 158,188
Track N

NICE 30.03

+1.16 +4.02%
Volume: 96,831
Track NICE

NSR 22.48

+0.33 +1.49%
Volume: 153,043
Track NSR

NUAN 15.18

+0.27 +1.81%
Volume: 2,752,933
Track NUAN

ORCL 23.53

+0.41 +1.77%
Volume: 15,615,295
Track ORCL

PMTC 16.45

+0.20 +1.23%
Volume: 386,453
Track PMTC

PRO 7.78

+0.25 +3.32%
Volume: 25,573
Track PRO

RNOW 14.83

-0.08 -0.54%
Volume: 103,540
Track RNOW

SFSF 16.40

-0.20 -1.20%
Volume: 176,480
Track SFSF

SNCR 16.26

-0.31 -1.87%
Volume: 86,004
Track SNCR

TLEO 19.79

+0.25 +1.28%
Volume: 104,335
Track TLEO

ULTI 28.92

+0.38 +1.33%
Volume: 68,957
Track ULTI

VRNT 22.15

+0.10 +0.45%
Volume: 10,407
Track VRNT


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