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 36.21

+0.26 +0.72%
Volume: 996,465
Track ADBE

ADSK 23.85

-0.03 -0.13%
Volume: 1,177,588
Track ADSK

ANSS 39.98

-0.08 -0.20%
Volume: 64,508
Track ANSS

ARBA 11.28

+0.37 +3.39%
Volume: 402,219
Track ARBA

CCUR 3.44

-0.07 -1.99%
Volume: 6,300
Track CCUR

COMV 10.48

+0.03 +0.29%
Volume: 40,565
Track COMV

CRM 64.93

-0.51 -0.78%
Volume: 370,307
Track CRM

DMAN 8.77

+0.05 +0.57%
Volume: 9,499
Track DMAN

FIC 21.32

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

INFA 22.57

-0.15 -0.66%
Volume: 151,737
Track INFA

INTU 29.63

+0.17 +0.58%
Volume: 987,928
Track INTU

LWSN 6.66

-0.06 -0.89%
Volume: 125,807
Track LWSN

N 14.61

-0.04 -0.27%
Volume: 8,237
Track N

NICE 30.77

+0.68 +2.26%
Volume: 42,105
Track NICE

NSR 23.57

-0.03 -0.13%
Volume: 71,216
Track NSR

NUAN 15.02

-0.01 -0.07%
Volume: 1,176,096
Track NUAN

ORCL 22.63

+0.49 +2.21%
Volume: 10,047,257
Track ORCL

PMTC 15.53

+0.02 +0.13%
Volume: 210,605
Track PMTC

PRO 8.07

+0.07 +0.88%
Volume: 10,476
Track PRO

RNOW 15.09

+0.06 +0.40%
Volume: 14,233
Track RNOW

SFSF 15.84

+0.26 +1.67%
Volume: 99,298
Track SFSF

SNCR 13.96

-0.05 -0.36%
Volume: 38,572
Track SNCR

TLEO 20.80

-0.33 -1.56%
Volume: 61,761
Track TLEO

ULTI 28.26

+0.26 +0.93%
Volume: 9,724
Track ULTI

VRNT 16.62

+0.02 +0.12%
Volume: 1,700
Track VRNT


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