Oppenheimer Upgrades Ariba (ARBA) to Outperform

Article Stock Quotes (1) Comments (0)

Oppenheimer upgraded Ariba (NASDAQ: ARBA) from Perform to Outperform with a price target of $36.00.

The firm said they are increasingly confident that "ASN strength, healthy deal metrics, and record backlogs can enable ARBA to reach its goal of managing $1T in B2B spend within five years."

For an analyst ratings summary and ratings history on Ariba click here. For more ratings news on Ariba click here.

Shares of Ariba closed at $28.68 yesterday, with a 52 week range of $19.99-$37.14.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Deutsche Bank Upgrades Seagate (STX) to Buy; Sanmina (SANM) Cut to Sell, Flextronics (FLEX) & Fabrinet (FN) Cut to Hold
• Wedbush Upgrades Pacific Sunwear of California (PSUN) to Neutral
• Topeka Capital Upgrades Pacific Sunwear of California (PSUN) to Buy

Create E-mail Alert Related Categories

Upgrades

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?