Concur price target raised to $140 from $126 at Stifel Stifel increased its price target on Concur after the company reported stronger than expected results. The firm thinks the company can sustain its industry leading growth rates, while modestly growing its margins. It keeps a Buy rating on the shares.
Concur shareholders approve acquisition by SAP Concur (CNQR) and SAP (SAP) announced that Concur's shareholders approved SAP's acquisition of Concur at the meeting of Concur's shareholders held today. SAP and Concur anticipate the completion of the transaction on or about December 4, subject to the satisfaction or waiver of closing conditions, including those related to regulatory approval.