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Stock Market & Financial Investment News

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April 2, 2013
07:17 EDTTIBXTIBCO CFO resignation not surprising, says Stifel
After TIBCO announced that its CFO would resign, Stifel thinks this development is not surprising, in light of the company's disappointing results over the last several months. The firm still believes that TIBCO is poised to benefit from ongoing trends and it thinks the stock is de-risked at current levels. It maintains a $26 price target and Buy rating on the shares.
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