Qlik Tech (QLIK) Misses Q4 EPS by 7c; Guides Below the Street
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UBS Defends Qlik Technologies (QLIK)
February 12, 2016 9:57 AM ESTUBS analyst, Brent Thill, thinks Qlik Technologies' (NASDAQ: QLIK) miss was optical and reduced his price target to $35 from $38. While the 3.8x EV/S multiple used to derive the PT may be in line with other software companies, it still implies a 56 PE for a company that is having difficulty with margins. No change to Buy rating.
4Q's topline miss was largely optical and due to $4M in incremental FX headwind, excluding... More
Qlik Technologies (QLIK) PT, Estimates Cut at Jefferies
February 12, 2016 7:08 AM ESTJefferies analyst John DiFucci lowered estimates and his price target on Buy-rated Qlik Technologies (NASDAQ: QLIK) to $38.00 (from $46.00) following solid Q4 results but guidance which shows moderation.
DiFucci commented, "Solid 4Q license growth accelerated to 21% cc on continued momentum in the Americas and... More
