Needham & Company Starts Jive Software (JIVE) at Hold; Well Positioned, But Execution Key

Needham & Company initiates coverage on Jive Software (NASDAQ: JIVE) with a Hold.

Analyst, Michael Huang, said, "In our view, Jive is a compelling secular growth story well leveraged to a rapidly emerging, but still not yet well understood Enterprise Social revolution that we believe is rising in strategic importance. Social is in fact gaining in C-level visibility, which should accelerate Enterprise Social spending activity, and we believe that Jive, given its clear product leadership, marquee customer references, and impressive and experienced management team, is well positioned to get a disproportionate share of the Enterprise Social pie as it continues to expand rapidly."

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

Shares of Jive Software closed at $20.34 yesterday.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Coherent (COHR) PT Raised to $420 at Needham
• Globant S.A. (GLOB) PT Lowered to $45 at Needham
• Nu Holdings (Nubank) (NU) PT Raised to $19 at Needham