UPDATE: Jefferies & Company Reiterates Buy Rating, Lowers PT on TIBCO Software
December 05, 2012 at 12:22 PM EST
In a report published Wednesday, Jefferies & Company reiterated its Buy rating on TIBCO Software (NASDAQ: TIBX ), but lowered its price target from $36.00 to $25.00. Jefferies noted, “Weakness seen throughout the BI / data analytics sub-sector finally caught up with TIBX with a 4Q miss. Recent data points