Clicksoftware (CKSW) Posts Q1 Loss of 3c/Share; Guides FY14 Revs Above Consensus

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Go back to Clicksoftware (CKSW) Posts Q1 Loss of 3c/Share; Guides FY14 Revs Above Consensus

ClickSoftware (CKSW) PT Lifted at Oppenheimer on 'Solid' Q1

May 1, 2014 8:54 AM EDT

Oppenheimer analyst Shaul Eyal lifted his price target on Outperform-rated ClickSoftware (NASDAQ: CKSW) to $13.00 (from $11.00) following solid 1Q14 (with raised FY14 revenue guidance) and in anticipation of stronger cloud revenue..

Eyal commented, "CKSW posted revenue of $28.4M, ahead of the consensus $25.7M, and... More