Ultimate Software Group (ULTI) Reports In-Line Q1 EPS, Offers Guidance
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Ultimate Software (ULTI) PT Raised to $195 at Canaccord Genuity; Growth Intact
April 29, 2015 9:53 AM EDTCanaccord Genuity analyst Richard Davis reiterated a Buy rating and lifted his price target on Ultimate Software (NASDAQ: ULTI) to $195.00 (from $175.00) following an in-line quarter versus a tough compare. The firm said growth targets remain intact.
Davis commented, "n the 53rd quarter that we have analyzed Ultimates results, the firm delivered results that did not alter our view that the company has several more years of revenue and operating earnings growth in the 20% and 30% range,... More
