Qlik Technologies Now Covered by Analysts at William Blair (QLIK)
William Blair initiated coverage on shares of Qlik Technologies (NASDAQ:QLIK) in a research note issued on Tuesday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at Robert W. Baird raised their price target on shares of Qlik Technologies from $35.00 to $40.00 in a research note to investors on Friday, September 27th. They now have an “outperform” rating on the stock. Separately, analysts at Zacks reiterated a “hold” rating on shares of Qlik Technologies in a research note to investors on Friday, September 20th. They now have a $36.50 price target on the stock. Finally, analysts at UBS AG raised their price target on shares of Qlik Technologies from $34.00 to $41.00 in a research note to investors on Friday, September 20th. They now have a “buy” rating on the stock. One analyst has rated the stock with a sell rating, six have assigned a hold rating and fourteen have assigned a buy rating to the company. Qlik Technologies has a consensus rating of “Buy” and a consensus price target of $33.61.
Shares of Qlik Technologies (NASDAQ:QLIK) traded down 2.91% on Tuesday, hitting $32.33. 2,169,067 shares of the company’s stock traded hands. Qlik Technologies has a 52-week low of $16.71 and a 52-week high of $37.56. The stock’s 50-day moving average is $34.3 and its 200-day moving average is $30.17. The company’s market cap is $2.841 billion.
Qlik Technologies (NASDAQ:QLIK) last announced its earnings results on Thursday, July 25th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.01. The company had revenue of $108.00 million for the quarter, compared to the consensus estimate of $106.54 million. During the same quarter in the previous year, the company posted $0.02 earnings per share. The company’s revenue for the quarter was up 25.9% on a year-over-year basis.
Qlik Technologies Inc (NASDAQ:QLIK) provides user-driven business intelligence (BI) solution that enables its customers.
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