Pacific Crest Downgrades Qlik Technologies (QLIK) to Sector Weight

January 6, 2016 7:48 AM EST
Get Alerts QLIK Hot Sheet
Price: $30.50 --0%

Rating Summary:
    14 Buy, 21 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 10 | Down: 9 | New: 13
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Pacific Crest downgraded Qlik Technologies (NASDAQ: QLIK) from Overweight to Sector Weight.

Analyst Brent Bracelin said the downgrade was based on "transitional risks in 2016 and Street growth estimates of 17% that appear too optimistic."

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

Shares of Qlik Technologies closed at $30.31 yesterday.



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