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Stock Market & Financial Investment News

News Breaks
September 25, 2012
10:11 EDTCNQRNomura remains a buyer of Concur
Nomura said they remain a buyer of Concur following the Government Accountability Office's decision for the company to remain the sole source GSA provider of a $1.42B ETS2 contract. Share are Buy rated with a $80 price target.
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September 15, 2014
16:34 EDTCNQRConcur initiated with an Outperform at RBC Capital
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September 3, 2014
13:03 EDTCNQRConcur advances after report says acquisition being explored
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10:00 EDTCNQROn The Fly: Analyst Downgrade Summary
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09:15 EDTCNQROn The Fly: Pre-market Movers
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07:48 EDTCNQRConcur a highly desirable M&A target, says UBS
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07:22 EDTCNQRConcur valuation attractive, says Stifel
After Bloomberg reported that Concur has hired an investment bank to assist with the possible sale of the company, Stifel says that Concur is trading at 7.2 times the fiirm's 2015 revenue estimate, while recent transactions in the SaaS space have been for 7x-9x out year recurring revenue. The firm thinks that the acquisition price paid for Concur could be at the upper end of this range. Stifel keeps a $120 price target and Buy rating on the shares.
06:47 EDTCNQRConcur Technologies volatility is expected to move on reports exploring a sale
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06:09 EDTCNQRConcur downgraded to Neutral from Outperform at RW Baird
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