Ecommerce services provider Ariba (ARBA +7.1%) hits a 52-week high, after reporting in-line Q1...

|By:, SA News Editor

Ecommerce services provider Ariba (ARBA +7.1%) hits a 52-week high, after reporting in-line Q1 earnings of $0.18/share. But a cautious Oppenheimer notes that while it's "optimistic about growth prospects, we believe shares are fairly valued." It maintains a Perform.