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 35.38

-0.79 -2.18%
Volume: 2,049,561
Track ADBE

ADSK 23.62

-0.41 -1.71%
Volume: 1,690,898
Track ADSK

ANSS 38.66

-1.22 -3.06%
Volume: 209,761
Track ANSS

ARBA 10.96

-0.24 -2.14%
Volume: 427,880
Track ARBA

CCUR 3.49

+0.05 +1.45%
Volume: 8,133
Track CCUR

COMV 10.27

-0.24 -2.28%
Volume: 156,303
Track COMV

CRM 63.25

-1.84 -2.83%
Volume: 1,216,767
Track CRM

DMAN 8.55

-0.13 -1.50%
Volume: 37,962
Track DMAN

FIC 21.32

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

INFA 22.25

-0.25 -1.11%
Volume: 449,919
Track INFA

INTU 29.27

-0.39 -1.31%
Volume: 1,150,098
Track INTU

LWSN 6.40

-0.25 -3.76%
Volume: 376,316
Track LWSN

N 14.03

-0.52 -3.57%
Volume: 98,237
Track N

NICE 30.30

-0.38 -1.24%
Volume: 71,201
Track NICE

NSR 23.25

-0.39 -1.65%
Volume: 80,401
Track NSR

NUAN 15.00

-0.01 -0.07%
Volume: 1,978,414
Track NUAN

ORCL 22.09

-0.51 -2.26%
Volume: 12,569,138
Track ORCL

PMTC 15.00

-0.46 -2.98%
Volume: 734,491
Track PMTC

PRO 7.49

-0.39 -4.95%
Volume: 36,636
Track PRO

RNOW 14.35

-0.58 -3.88%
Volume: 61,797
Track RNOW

SFSF 15.73

-0.12 -0.76%
Volume: 241,839
Track SFSF

SNCR 13.54

-0.33 -2.38%
Volume: 65,883
Track SNCR

TLEO 20.77

-0.07 -0.34%
Volume: 226,940
Track TLEO

ULTI 27.11

-0.77 -2.76%
Volume: 38,549
Track ULTI

VRNT 16.60

+0.05 +0.30%
Volume: 14,299
Track VRNT


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