Information Provided By: 
Fly News Breaks for November 21, 2018
QADA
Nov 21, 2018 | 07:33 EDT
Stifel analyst Brad Reback said Qad Inc. reported "solid" Q3 results after adjusting for foreign exchange headwinds, but noted that its subscription revenue growth is expected to decelerate in the first half of FY20 given that FY19 bookings were more back-end weighted. Stating that he is not overly concerned about this timing issue, Reback keeps a Buy rating on Qad shares, but lowered his price target to $52 from $61 to account for multiple compression across the broader software sector.
News For QADA From the Last 2 Days
There are no results for your query QADA
