UPDATE: Credit Suisse Raises PT on Concur Technologies Following Removal from Focus List

In a report published Monday, Credit Suisse analyst Michael Nemeroff reiterated an Outperform rating on Concur Technologies (NASDAQ: CNQR ), and raised the price target from $106.00 to $118.00. In the report, Credit Suisse noted, “Despite the removal from the U.S. Focus List we still recommend CNQR shares, as we