UPDATE: Wedbush Raises PT on TIBCO Software on Expectations of New Restructuring Lifting Margins
July 12, 2013 at 10:52 AM EDT
In a report published on Friday, Wedbush analyst Steve Koenig raised the price target on TIBCO Software (NASDAQ: TIBX ) from $25 to $28 and maintained an Outperform rating. In the report, Wedbush stated, "In last night's 10-Q filing, TIBX revealed it decided in June to initiate a restructuring action