UPDATE: BMO Capital Markets Raises PT on NetSuite on Continued Positive Outlook
July 26, 2013 at 12:23 PM EDT
In a report published Friday, BMO Capital Markets analyst Karl Keirstead reiterated a Market Perform rating on NetSuite (NYSE: N ), and raised the price target from $80.00 to $90.00. In the report, BMO Capital Markets noted, “Netsuite is managing well through a tough spending backdrop that hit the application