UPDATE: Cantor Fitzgerald Upgrades Open Text to Buy Following Q3/F13 Results

In a report published Thursday, Cantor Fitzgerald analyst Tom Liston upgraded the rating on Open Text Corporation (NASDAQ: OTEX ) from Hold to Buy, and raised the price target from $60.00 to $68.00. In the report, Liston noted, “We are impressed by the favourable financial results (license revenue growth and