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News Breaks | | | | January 31, 2013 | | 08:34 EDT |  | CNQR | Concur price target raised to $81 from $73 at UBS
UBS said Concur is seeing solid demand in all segments, especially the U.S. Federal government sector. The firm said Concur's pricing is below legacy vendors and agencies are quick to make a switch. The firm reiterates its Buy rating. | |
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| May 23, 2013 | | 07:34 EDT | | CNQR | Concur price target raised to $91 from $85 at Stifel
After examining data on global corporate hotel bookings, Stifel reports that global corporate bookings jumped nearly 9% in April. The firm thinks the market is beginning to stabilize, and that Concur could benefit from this trend. Stifel is more optimistic about Concur's ability to at least meet FY13 guidance and generate growth over 25% in FY14, and it keeps a Buy rating on the stock. | |
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