Qlik Technologies Inc.

J.P. Morgan raised its price target from $32 to $35 on shares of Qlik (QLIK) Technologies. J.P. Morgan cites, "The success of QLIK's strategy to invest for growth is clearly evident from recent top line results, but the outcome of this approach can also be seen elsewhere, as deferred revenue...

Jefferies is raising its price target on Qlik Technologies (NASDAQ: QLIK) from $31 to $34 following very strong 1Q11 revenues. Jefferies writes, in its report, “We reiterate our Buy rating and take our PT to $34 following a very strong 1Q11 rev result driven by license (up +44% Y/Y). QLIK ended...