TIBCO Software (TIBX) Prelim. Q4 Results Miss Expectations

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Wedbush Says Buy Tibco Software (TIBX) on Weakness

December 5, 2012 7:57 AM EST

Yesterday Tibco Software, Inc. (NASDAQ: TIBX) reported weak Q4 results and guidance, leading analysts at Wedbush to cut their price target on the stock to $30.00 (from $37.00), while maintaining an Outperform rating.

Commenting on TIBX results, analyst Steve Koenig said, "We believe generalized... More

BofA/Merrill Lynch Downgrades Tibco Software, Inc. (TIBX) to Neutral

December 5, 2012 7:34 AM EST

BofA/Merrill Lynch downgraded Tibco Software, Inc. (NASDAQ: TIBX) from Buy to Neutral following Q4 warning.

For an analyst ratings summary and ratings history on Tibco Software, Inc. click here. For more... More