Rally Software Development Corp (RALY) Tops Q1 EPS by 20c; Issues Strong Outlook

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Rally Software (RALY) Strong Out of the Gate - Needham & Company

June 7, 2013 9:05 AM EDT

Needham & Company bumped its price target Buy-rated Rally Software Development (NYSE: RALY) from $24 to $25 following strong results in its first report since its April IPO.

Analyst Michael Huang comments, "Rally delivered a solid first quarter out of the gate, highlighted by... More