UPDATE: Oppenheimer Downgrades Concur Technologies to Underperform on Short-Term Pressure Concerns

In a report published Tuesday, Oppenheimer analyst Brian Schwartz downgraded the rating on Concur Technologies (NASDAQ: CNQR ) from Perform to Underperform. In the report, Schwartz noted, “We downgrade Concur to Underperform on concerns the shares may experience pressure short term as investors realize the organic growth expectations in coming