UPDATE - UBS Initiates Coverage on Jive Software (JIVE) with a Neutral; Social Network for the Enterprise
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Price: $98.09 +0.89%
Rating Summary:
3 Buy, 9 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
3 Buy, 9 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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UPDATE - UBS initiates coverage on Jive Software (NASDAQ: JIVE) with a Neutral. PT $16.00.
UBS analyst said, "Enterprise social platforms are the fastest growing segment of business collaboration software, with IDC forecasting a 42% CAGR for the next 5 years. In that market, Jive is growing faster than other large vendors and taking share. Looking forward to 2011-2014, we model a CAGR of 38% in revenues (to $199M in ’14) and 38% in billings (to $258M in ’14), which may be conservative."
"12-24 month lead over competition: Jive has gained traction with demanding large enterprise customers and counts 17.5M users for its Public Cloud communities. We believe the company’s success can be attributed to: 1) a long track record of meeting customer needs; 2) flexible technology maximizing user adoption; and 3) an intuitive user experience that requires no formal training. In addition, Jive boasts a management team with experience growing software companies to $1Bn revenue run rates."
To see more ratings on JIVE, Click Here
UBS analyst said, "Enterprise social platforms are the fastest growing segment of business collaboration software, with IDC forecasting a 42% CAGR for the next 5 years. In that market, Jive is growing faster than other large vendors and taking share. Looking forward to 2011-2014, we model a CAGR of 38% in revenues (to $199M in ’14) and 38% in billings (to $258M in ’14), which may be conservative."
"12-24 month lead over competition: Jive has gained traction with demanding large enterprise customers and counts 17.5M users for its Public Cloud communities. We believe the company’s success can be attributed to: 1) a long track record of meeting customer needs; 2) flexible technology maximizing user adoption; and 3) an intuitive user experience that requires no formal training. In addition, Jive boasts a management team with experience growing software companies to $1Bn revenue run rates."
To see more ratings on JIVE, Click Here
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