Credit Suisse Starts KNXA, CNQR, ULTI, RP, MKTG, JIVE, CTCT, CSOD at Outperform, INFA, SNCR, OTEX at Neutral

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Credit Suisse's Michael Nemeroff initiated coverage on a litany of stocks in the Software sector Friday morning:

• Kenexa (Nasdaq: KNXA) with an Outperform and a $35 price target
  
• Concur Technologies (Nasdaq: CNQR) with an Outperform and a $78 price target
  
• Ultimate Software (Nasdaq: ULTI) with an Outperform and a $106 price target
  
• RealPage (NYSE: RP) with an Outperform and a $28 price target
  
• Responsys (Nasdaq: MKTG) with an Outperform and a $15 price target
  
• Jive Software (Nasdaq: JIVE) with an Outperform and a $24 price target
  
• Constant Contact (Nasdaq: CTCT) with an Outperform and a $24 price target
  
• Cornerstone OnDemand (Nasdaq: CSOD) with an Outperform and a $28 price target
  
• Informatica (Nasdaq: INFA) with a Neutral rating and $31 price target
  
• Synchronoss Technologies (Nasdaq: SNCR) with a Neutral rating and $20 price target
  
• Open Text (Nasdaq: OTEX) with a Neutral rating

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