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Stock Market & Financial Investment News

News Breaks
January 3, 2013
06:30 EDTAZPNAspen Technology price target raised to $33 from $27 at Benchmark Co.
Benchmark Co. raised its price target for Aspen Technology citing the positive tone of the market for software stocks and its belief the stock can continue to work at current levels. The firm keeps a Buy rating on the name.
News For AZPN From The Last 14 Days
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January 28, 2015
17:04 EDTAZPNAspen Technology raises FY15 EPS view to $1.29-$1.33 from $1.22-$1.27
Consensus is $1.25. Narrows FY15 revenue view to $434M-$440M from $432M-$440M, consensus $437.63M.
17:01 EDTAZPNAspen Technology sees Q3 EPS 30c-31c, consensus 30c
Sees Q3 revenue $107M-$109M, consensus $111.08M...Comment made on Q2 earnings conference call.
16:57 EDTAZPNAspen Technology says 2H strongest for deferred revenue
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16:55 EDTAZPNAspen Technology up almost 4% after reporting Q2 financial results
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16:12 EDTAZPNAspen Technology reports Q2 EPS 36c, consensus 30c
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January 22, 2015
10:03 EDTAZPNOn the Fly: Analyst Downgrade Summary
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06:24 EDTAZPNJPMorgan downgrades three in Software, FireEye a top pick
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05:33 EDTAZPNAspen Technology downgraded to Underweight from Neutral at JPMorgan
JPMorgan downgraded Aspen Technology to Underweight saying it believes demand is being negatively impacted with oil prices below $50. The firm cut its price target for shares to $36 from $46.50.

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