UPDATE: Stifel Reiterates on Concur Technologies on Positive Outlook

In a report published Thursday, Stifel analyst Brad Reback reiterated a Buy rating on Concur Technologies (NASDAQ: CNQR ), and raised the price target from $108.00 to $126.00. In the report, Stifel noted, “CNQR finished FY13 on a solid note. Strong performances from its delivery organization combined with a modest