Canaccord Genuity Initiates Coverage on 16 Technology – Enterprise Software Stocks
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Price: $115.79 +0.16%
Rating Summary:
5 Buy, 13 Hold, 0 Sell
Rating Trend:
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Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
5 Buy, 13 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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Canaccord Genuity initiates coverage on Technology – Enterprise Software stocks.
Canaccord analyst says, "We are launching coverage of 16 software companies (two transfers of coverage). Our four favorite BUY-rated stocks are: Ultimate Software (Nasdaq: ULTI), Autodesk (Nasdaq: ADSK), AspenTech (Nasdaq: AZPN) and Pegasystems (Nasdaq: PEGA). Each firm has unique drivers, but they are all leaders in their segments."
Other stocks include: ANSYS (Nasdaq: ANSS), Bottomline Technologies (Nasdaq: EPAY), Constant Contact (Nasdaq: CTCT), Intuit (Nasdaq: INTU), Monotype Imaging (Nasdaq: TYPE), Nuance Communications (Nasdaq: NUAN), Oracle (Nasdaq: ORCL), Parametric Technology (Nasdaq: PMTC), and SPS Commerce (Nasdaq: SPSC) - Rated 'Buy'.
Success Factors (Nasdaq: SFSF), Salesforce.com (NYSE: CRM), NetSuite (NYSE: N) - Rated 'Hold'.
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Canaccord analyst says, "We are launching coverage of 16 software companies (two transfers of coverage). Our four favorite BUY-rated stocks are: Ultimate Software (Nasdaq: ULTI), Autodesk (Nasdaq: ADSK), AspenTech (Nasdaq: AZPN) and Pegasystems (Nasdaq: PEGA). Each firm has unique drivers, but they are all leaders in their segments."
Other stocks include: ANSYS (Nasdaq: ANSS), Bottomline Technologies (Nasdaq: EPAY), Constant Contact (Nasdaq: CTCT), Intuit (Nasdaq: INTU), Monotype Imaging (Nasdaq: TYPE), Nuance Communications (Nasdaq: NUAN), Oracle (Nasdaq: ORCL), Parametric Technology (Nasdaq: PMTC), and SPS Commerce (Nasdaq: SPSC) - Rated 'Buy'.
Success Factors (Nasdaq: SFSF), Salesforce.com (NYSE: CRM), NetSuite (NYSE: N) - Rated 'Hold'.
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