Qlik (QLIK +2.6%) rallies on an upgrade to Buy from Goldman: the firm thinks license revenue...

|About: Qlik Technologies Inc. (QLIK)|By:, SA News Editor

Qlik (QLIK +2.6%) rallies on an upgrade to Buy from Goldman: the firm thinks license revenue growth is accelerating and can stay above 20%, and now has more confidence in the business intelligence software maker's ability to execute. Shares edged lower yesterday following a downgrade to Hold from Stifel, and have tread water for months after falling in 1H12 on worries about Qlik's European exposure. Q4 results are due on Feb. 14.