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Business intelligence software firm Qlik (QLIK +6.8%) pops on an upgrade to Overweight from...

Business intelligence software firm Qlik (QLIK +6.8%) pops on an upgrade to Overweight from Morgan Stanley. Shares have bounced off their July lows with the help of a positive earnings report (I, II), but remain well off their April highs due to concerns about European sales. Also up: INFA +1.7%. SPLK +3.1%.
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  • anomaly1
    , contributor
    Comments (811) | Send Message
     
    QLIK INFA SPLK will reduce forecasts. Software is a luxury expense for SMB companies.
    5 Sep 2012, 01:42 PM Reply Like
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