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ULTI

Ultimate Software

$216.59

2.88 (1.35%)

07:30
02/07/18
02/07
07:30
02/07/18
07:30

Ultimate Software price target raised to $234 from $226 at Wedbush

Wedbush analyst Steve Koenig raised his price target for Ultimate Software to $234 from $226 after the company delivered an atypically big Q4 beat. The analyst reiterates an Outperform rating on the shares.

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ULTI Ultimate Software
$216.59

2.88 (1.35%)

01/16/18
PIPR
01/16/18
NO CHANGE
Target $250
PIPR
Overweight
Ultimate Software price target raised to $250 from $225 at Piper Jaffray
Piper Jaffray analyst Alex Zukin raised his price target for Ultimate Software to $250 saying his channel checks suggest a "solid" bookings quarter in Q4, with strength in both the mid-market and enterprise, combined with more activity around workforce management. The analyst reiterates an Overweight rating on Ultimate Software shares.
01/30/18
RBCM
01/30/18
NO CHANGE
Target $260
RBCM
Outperform
Ultimate Software price target raised to $260 from $220 at RBC Capital
RBC Capital analyst Ross MacMillan raised his price target on Ultimate Software to $260 and kept his Outperform rating. MacMillan says his Q4 checks on mid-market pace of deployments were positive. The analyst expects the company to keeps its 2018 guidance, but believes earnings can move higher on lower tax rates.
01/31/18
WELS
01/31/18
NO CHANGE
Target $290
WELS
Outperform
Ultimate Software price target raised to $290 from $240 at Wells Fargo
Wells Fargo analyst Siti Panigrahi raised his price target for Ultimate Software to $290 from $240 given his expectations for a higher sales productivity than the current consensus estimate and guidance imply. The analyst reiterates an Outperform rating on the shares.
02/07/18
MUFG
02/07/18
NO CHANGE
Target $232
MUFG
Overweight
Ultimate Software price target raised to $232 from $213 at MUFG
MUFG analyst Stephen Bersey raised his price target for Ultimate Software to $232 citing the company's "solid" Q4 results. Execution materially improved in the quarter, Bersey tells investors in a post-earnings research note. The analyst adds that he's not seen the company this confident about the structure and makeup of its sales force. He reiterates an Overweight rating on Ultimate Software.

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