Jive Software (JIVE) Tops Q4 EPS by 1c; Issues Weak Q1, FY13 Outlook

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UBS Keeps Buy on Jive Software (JIVE) after Strong Q4, Trims PT

February 6, 2013 1:54 PM EST

UBS trimmed its price target on Buy-rated Jive Software (NASDAQ: JIVE) from $20 to $19 following solid Q4 results although they noted heavy 2013 investments surprised investors.

The analyst notes: "JIVE had a strong finish as Q4 metrics beat UBSe: rev +44% y/y vs. +39%, EPS... More