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Wedbush's Steve Koenig has launched coverage on Informatica (INFA) and Tibco (TIBX) with...

Wedbush's Steve Koenig has launched coverage on Informatica (INFA) and Tibco (TIBX) with Outperform ratings (I, II). Koenig says his checks indicate Informatica is still the "premier choice" (presumably for data warehousing) for IBM, Oracle, and SAP database implementations, and demand for Tibco's real-time data integration/analytics tech is strong. He's also a fan of Informatica's new sales chief, and thinks Tibco's neverending M&A speculation should keep shares above $20.
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