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Stock Market & Financial Investment News

News Breaks
March 31, 2014
07:09 EDTSNCR, ULTI, CNQRSynchronoss, Concur and Ultimate Software recommended at Credit Suisse
Credit Suisse said the pullback in SaaS/subscription software stocks has created a buying opportunity for its top-picks Synchronoss (SNCR), Concur (CNQR) and Ultimate Software (ULTI). The firm said there has been no change in fundamentals and valuations are attractive.
News For SNCR;CNQR;ULTI From The Last 14 Days
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November 19, 2014
16:17 EDTCNQRConcur 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.
14:29 EDTSNCRSynchronoss weakness a buying opportunity, says Stifel
12:58 EDTSNCRSynchronoss sell-off a buying opportunity, says JPMorgan
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11:28 EDTSNCRSynchronoss pullback a buying opportunity, says Wedbush
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10:00 EDTSNCROn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Beacon Roofing (BECN) downgraded to Hold from Buy at KeyBanc... BlackBerry (BBRY) downgraded to Underweight from Equal Weight at Morgan Stanley... Consolidated Edison (ED) downgraded to Sell from Neutral at UBS... Denbury Resources (DNR) downgraded to Hold from Buy at Wunderlich... Synchronoss (SNCR) downgraded to Underperform from Neutral at RW Baird... Total System (TSS) downgraded to Sell from Neutral at Goldman... Movado (MOV) downgraded to Market Perform from Outperform at Barrington... Transocean Partners (RIGP) downgraded to Market Perform from Outperform at Wells Fargo... Seadrill Partners (SDLP) downgraded to Market Perform from Outperform at Wells Fargo... Petrobras (PBR) downgraded to Neutral from Buy at UBS.
08:21 EDTSNCRSynchronoss downgraded to Underperform at RW Baird
As reported previously, Baird downgraded Synchronoss to Underperform from Neutral as they believe valuation is stretched at current levels. Baird lowered its price its price target on Synchronoss to $42 from $47.
06:11 EDTSNCRSynchronoss downgraded to Underperform from Neutral at RW Baird
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November 12, 2014
12:18 EDTCNQRConcur to host special shareholder meeting
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07:01 EDTSNCRSynchronoss removed from Focus List at Credit Suisse

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