Demandware (DWRE +9.6%) pops after receiving an upgrade to Buy from Goldman. The firm predicts...

|By:, SA News Editor

Demandware (DWRE +9.6%) pops after receiving an upgrade to Buy from Goldman. The firm predicts organic growth will go from 26% in 2012 to 36% in 2013, and argues the broader environment for e-commerce solutions remains healthy in spite of macro weakness. Holiday season demand is seen as a catalyst for Demandware, which has underperformed thanks to worries about the company's European exposure.