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Stock Market & Financial Investment News

News Breaks
August 4, 2014
06:04 EDTCNQRConcur price target raised to $110 from $95 at Deutsche Bank
Deutsche Bank raised its price target for Concur Technologies to $110 saying it remains bullish on the stock after attending the GBTA corporate travel event. The firm reiterates a Buy rating on Concur ahead of the company's Q3 results tonight.
News For CNQR From The Last 14 Days
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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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