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BMC Software (BMC): Shares define bullish 'pennant' consolidation |
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| May 23, 2008 03:16 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Earnings reports, Analyst upgrades and downgrades, Dell (DELL), Home Depot (HD), Toyota Motor Corp. (TM), Technical Analysis, Stocks to Buy BMC Software (NYSE: BMC) provides The company surprised investors last week, when it reported fiscal Q4 EPS of 63 cents and revenues of $466.9 million. Analysts had been looking for 51 cents and $460.3 million. In discussing the successful quarter, the CEO noted client interest in the unified architecture of the firm's suite. Management also guided FY09 EPS to $2.10-$2.20, versus consensus of $2.09. Oppenheimer and Lehman Brothers subsequently reiterated "buy" recommendations on the issue and boosted their price targets to $43. Continue reading BMC Software (BMC): Shares define bullish 'pennant' consolidation Permalink | Email this | Comments<map name="google_ad_map_145-1204554"><area href="http://imageads.googleadservices.com/pagead/imgclick/145-1204554?pos=0" shape="rect" coords="1,2,367,28" /><area href="http://services.google.com/feedback/abg" shape="rect" coords="384,10,453,23" /></map> 
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