Travel and expense management software firm Concur Technologies (CNQR) is up 5.6% after...

|About: Concur Technologies, Inc. (CNQR)|By:, SA News Editor

Travel and expense management software firm Concur Technologies (CNQR) is up 5.6% after Wunderlich's Richard Baldry starts coverage with a Buy and $56 PT. Baldry touts Concur as a "sector dominator" worthy of a premium valuation, and also likes its "recurring and predictable" subscription-based revenue model. (previously)