Zacks Investment Research downgraded shares of QLIK TECHNOLOGS (QLIK) from OUTPERFORM to NEUTRAL on May 27, 2013, with a target price of $32.40.
QLIK Technologies Inc. engages in developing business intelligence solutions. The Company's flagship product, QlikView delivers enterprise-class analytics and search with the simplicity and ease of use of office productivity software. Its in-memory associative search technology makes calculations in real-time enabling business professionals to gain insight through intuitive data exploration. The QlikView product is designed to allow deployments to scale from the single user to thousands of users. The users of QlikView include sales, marketing, human resources and finance professionals executive management and other managers operations, support and IT staff data analysts and statisticians. The Company has a diversified distribution model that consists of a direct sales force and a partner network that includes resellers, OEMs and systems integrators. QlikTech is headquartered in Radnor, Pennsylvania.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
To get a free copy of the research report on QLIK TECHNOLOGS (QLIK),
click here.
For more information about research offerings from Zacks Investment Research, visit
Zacks.com .
Be the first to comment