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Travel and expense management software firm Concur Technologies (NASDAQ:CNQR) is up 5.6% after...

Aug. 31, 2011 11:29 AM ETConcur Technologies, Inc. (CNQR) StockCNQRBy: Eric Jhonsa, SA News Editor
Travel and expense management software firm Concur Technologies (NASDAQ:CNQR) is up 5.6% after Wunderlich's Richard Baldry starts coverage with a Buy and $56 PT. Baldry touts Concur as a "sector dominator" worthy of a premium valuation, and also likes its "recurring and predictable" subscription-based revenue model. (previously)

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Concur Technologies, Inc.