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 36.17

+0.22 +0.61%
Volume: 1,791,436
Track ADBE

ADSK 24.00

+0.12 +0.50%
Volume: 2,223,311
Track ADSK

ANSS 39.90

-0.16 -0.40%
Volume: 117,256
Track ANSS

ARBA 11.20

+0.29 +2.66%
Volume: 683,487
Track ARBA

CCUR 3.46

-0.05 -1.42%
Volume: 64,594
Track CCUR

COMV 10.47

+0.02 +0.19%
Volume: 77,459
Track COMV

CRM 64.94

-0.50 -0.76%
Volume: 668,933
Track CRM

DMAN 8.80

+0.08 +0.92%
Volume: 20,861
Track DMAN

FIC 21.32

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

INFA 22.51

-0.21 -0.92%
Volume: 215,789
Track INFA

INTU 29.65

+0.19 +0.64%
Volume: 1,710,404
Track INTU

LWSN 6.64

-0.08 -1.19%
Volume: 317,152
Track LWSN

N 14.59

-0.06 -0.41%
Volume: 53,735
Track N

NICE 30.72

+0.63 +2.09%
Volume: 108,317
Track NICE

NSR 23.58

-0.02 -0.08%
Volume: 160,109
Track NSR

NUAN 15.01

-0.02 -0.13%
Volume: 1,763,401
Track NUAN

ORCL 22.61

+0.47 +2.12%
Volume: 18,722,854
Track ORCL

PMTC 15.45

-0.06 -0.39%
Volume: 607,344
Track PMTC

PRO 7.90

-0.10 -1.25%
Volume: 19,743
Track PRO

RNOW 15.04

+0.01 +0.07%
Volume: 38,844
Track RNOW

SFSF 15.80

+0.22 +1.41%
Volume: 254,151
Track SFSF

SNCR 13.88

-0.13 -0.93%
Volume: 59,566
Track SNCR

TLEO 20.79

-0.34 -1.61%
Volume: 153,946
Track TLEO

ULTI 27.90

-0.10 -0.36%
Volume: 50,499
Track ULTI

VRNT 16.60

+0.00 +0.00%
Volume: 9,263
Track VRNT


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