Seeking Alpha

Qlik Technologies (QLIK -3.5%) falls on a downgrade to Hold from Jefferies, which says checks...

Qlik Technologies (QLIK -3.5%) falls on a downgrade to Hold from Jefferies, which says checks indicate a soft Q2, lower growth for calendar 2012, and "increasing competitive pressures" - Qlik competes with IBM, SAP, Oracle, Microstrategy, and many others in the business intelligence software market. Though Qlik has underperformed as of late, Jefferies thinks there's still a growth premium built into its valuation (over 35x estimated 2013 EPS).
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs