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

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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

TIBCO Software (TIBX) Prelim. Q4 Results Miss Expectations

December 4, 2012 4:36 PM EST

TIBCO Software, Inc. (NASDAQ: TIBX) expects total revenue to be in the range of $292 to $295 million. License revenue is expected to be in the range of $135 to $136 million. Earnings per share, calculated in accordance with U.S. generally accepted accounting principles (GAAP) are expected to... More