Qlik Tech (QLIK) Tops Q1 EPS by 3c

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Qlik Technologies (QLIK) PT Raised to $40 at UBS

April 29, 2016 8:46 AM EDT

UBS analyst Brent Thill reiterated a Buy rating and raised his price target on Qlik Technologies (NASDAQ: QLIK) to $40.00 (from $35.00).

Thill commented, "QLIK's $3M rev upside (ex. $1M FX tailwind not factored in 1Q16 guide) to St's $134M was generally a balanced beat, though we would have liked to... More