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Deutsche Bank Downgrades Rally Software Development (RALY) to Hold

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William Blair Downgrades Rally Software Development (RALY) to Market Perform

June 6, 2014 7:26 AM EDT

William Blair downgraded Rally Software Development (NYSE: RALY) from Outperform to Market Perform.

For an analyst ratings summary and ratings history on Rally Software Development click here. For more ratings news on Rally Software Development click here.

Shares of Rally Software Development closed at $12.22 yesterday.

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Needham & Company Downgrades Rally Software Development (RALY) to Hold

June 6, 2014 6:26 AM EDT

Needham & Company downgraded Rally Software Development (NYSE: RALY) from Buy to Hold following weak Q1 results, outlook.

Analyst Michael Huang said, "We are downgrading our rating on RALY to Hold driven primarily by increased uncertainty around underlying sales momentum (especially with new... More

Rally Software (RALY) Posts Narrower-than-Expected Q1 Loss; Guides Q2, FY15

June 5, 2014 4:20 PM EDT

Rally Software Development Corp (NYSE: RALY) reported Q1 EPS of ($0.27), $0.23 better than the analyst estimate of ($0.50). Revenue for the quarter came in at $19.4 million versus the consensus estimate of $19.59 million.

"Fiscal year 2015 is an important year for Rally Software and this quarter, while mixed in performance,... More