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Compuware (NASDAQ:CPWR) was downgraded by equities researchers at Evercore Partners from an “overweight” rating to an “equal weight” rating in a research report issued on Tuesday.

Several other analysts have also recently commented on the stock. Analysts at Noble Financial cut their price target on shares of Compuware from $11.60 to $0.90 in a research note on Thursday, July 31st. Analysts at Zacks reiterated a “neutral” rating on shares of Compuware in a research note on Monday, July 28th. They now have a $10.00 price target on the stock.

Compuware (NASDAQ:CPWR) traded up 12.46% during mid-day trading on Tuesday, hitting $10.515. 34,541,084 shares of the company’s stock traded hands. Compuware has a one year low of $8.94 and a one year high of $11.39. The stock has a 50-day moving average of $9.29 and a 200-day moving average of $10.01. The company has a market cap of $2.315 billion and a P/E ratio of 33.51.

Compuware (NASDAQ:CPWR) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $0.05 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.05. The company had revenue of $164.50 million for the quarter, compared to the consensus estimate of $165.60 million. During the same quarter in the previous year, the company posted $0.10 earnings per share. The company’s revenue for the quarter was down 3.7% on a year-over-year basis. Analysts expect that Compuware will post $0.44 EPS for the current fiscal year.

Compuware Corporation delivers services , software and practices that enables technologies to perform at their peak.

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