NEW YORK, March 18, 2013 /PRNewswire/ --
Today, Wall Street Source announced new research reports
highlighting CommVault Systems, Inc. (NASDAQ:CVLT), Splunk Inc
(NASDAQ:SPLK), AVG Technologies NV (NYSE:AVG), Jive Software Inc
(NASDAQ:JIVE) and MSCI Inc (NYSE:MSCI). Today's readers may access
these reports free of charge - including full price targets,
industry analysis and analyst ratings - via the links below.
CommVault Systems, Inc. Research
Report
The shares of data storage provider CommVault Systems surged to
record highs today amid rumors of a possible takeover, rising 8.6
percent to $84.20 per share. Analysts
say a takeover for the growing company would make sense with their
enterprise data and information management software. One particular
analyst from Lazard Capital Markets even recommended buying shares
with a target price of $95, 24
percent higher than the average of analysts' estimates. He said
that investors and analysts alike are banking on the high growth
potential of the company, stating that its product would be a
strategic asset for any interested party. The Full Research Report
on CommVault Systems, Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free
of charge at:
[http://www.WallStSource.com/r/full_research_report/f2c7_CVLT]
--
Splunk Inc Research Report
Software maker Splunk is also being involved in takeover talks
lately, and analysts believe the company could command the software
industry's highest price tag in five years. The believe the company
would give a prospective buyer a leading position in the big data
market, which IDC Corp. projects will almost triple in revenue to
about $24 billion by 2016. Possible
buyers include EMC Corp and VMware Inc, who are willing to pay for
the company's relatively high valuation level. Even International
Business Machines is also being thrown in as another prospective
buyer, in which analysts see Splunk as a good fit for the IT giant.
Without assuming a premium, the acquisition of Splunk already would
be the priciest software deal since 2008, according to Bloomberg.
The Full Research Report on Splunk Inc - including full detailed
breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.WallStSource.com/r/full_research_report/2cb2_SPLK]
--
AVG Technologies NV Research
Report
Security software maker AVG Technologies announced that
J.R. Smith will step down as chief
executive to become a member of the Supervisory Board until a
successor is named. Chief Operating Officer John Giamatteo will take charge of day-to-day
operations in the meantime while the search for the successor
progresses, which will be managed by executive search firm SMPB.
Analysts say Smith left the company to work on growing a newer
business, resulting to downgrades by Morgan Stanley analysts to
"Equal-weight" from "Overweight." However, management predicts
growth for revenue and for earnings per share this year, after
posting 30 percent less profit for 2012. The Full Research Report
on AVG Technologies NV - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge
at:
[http://www.WallStSource.com/r/full_research_report/74fc_AVG]
--
Jive Software Inc Research Report
Jive Software has announced the opening of new offices in
Hong Kong, Singapore, and in the cities of Sydney and Melbourne in Australia. The maker of Facebook-type social
networks for businesses believes it would bring as much as a 15
percent increase in workforce productivity for its customers in the
area, and 4 percent growth in the top line. Jive has previously
worked with a number of Asia-Pacific and global clients to help
transform their business processes, including Ace Insurance,
Commonwealth Bank, PwC Australia and REA Group. Meanwhile, the
company expects a loss of $33 million
to $37 million or 53 to 60 cents per share for 2013, while revenue
is expected to come in at $148 million to
$153 million. The Full Research Jive Software Inc -
including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.WallStSource.com/r/full_research_report/8823_JIVE]
--
MSCI Inc Research Report
MSCI has announced that it will sell its forensic accounting
research arm CFRA to a private investor for an undisclosed price.
The deal is expected to close within the next two months, subject
to customary closing conditions. However the deal is not expected
to have a material impact on MSCI's results of operations yet. The
company just came from a previous acquisition of performance
reporting solutions provider InvestorForce in late January from
marketing firm ICG, for $23.5 million
in cash. Management said InvestorForce's performance reporting and
peer benchmarking analytics complements MSCI's performance
measurement and risk management analytics products and services.
The Full Research Report on MSCI Inc - including full detailed
breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.WallStSource.com/r/full_research_report/08e7_MSCI]
--
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SOURCE Wall Street Source