Roper (ROP) (SO) (FRO) (G) (PBY) (QLIK) Price Targets Changed

Roper Industries Inc (NYSE: ROP), Southern Co (NYSE: SO), Frontline Ltd. (NYSE: FRO), Genpact Limited (NYSE: G), Pep Boys (NYSE: PBY) and Qlik Technologies Inc (NASDAQ: QLIK) price targets adjusted by analysts.

Roper Industries Inc. (ROP) had its price target lowered by Longbow Research from $98.00 to $88.00. They have a “Buy” rating on the company.

Southern Co. (SO) had its price target raised by BMO Capital Markets to $42.00. They have a “Market Perform” rating on the company.

Frontline Ltd. (FRO) had its price target lowered by FBR Capital from $28.00 to $8.00. They have a “Market Perform” rating on the company.

Genpact Limited (G) had its price target lowered by Oppenheimer from $20.00 to $19.00. They have an “Outperform” rating on the company.

Pep Boys (PBY) had its price target lowered by Argus from $17.00 to $13.00. They have a “Buy” rating on the company.

Qlik Technologies Inc. (QLIK) had its price target lowered by UBS AG (NYSE:UBS) from $37.00 to $26.00. They have a “Neutral” rating on the company.

Qlik (QLIK) (SO) (AKS) (ADBE) Price Targets Changed

Qlik Technologies (NASDAQ:QLIK), Southern Company (NYSE:SO), AK Steel (NYSE:AKS) and Adobe (NASDAQ:ADBE) had their price targets adjusted by analysts.

Qlik Technologies (QLIK) had its price target raised by UBS (NYSE:UBS) to $26. They have a "Neutral" rating on the company.

Southern Company (SO) had its price target was raised at BMO Capital Markets to $42. They have a "Market Perform" rating on the company.

AK Steel (AKS) price target was cut by Bank of America (NYSE:BAC) to $9.50. They have an "Underperform" rating on the company.

Adobe (ADBE) estimates and price target were cut at UBS. They have a "Buy" rating and price target of $33 on the company.

Qlik (QLIK) (OZM) (CAKE) (CYMI) (D) (CBI) Upgraded

Qlik Technologies Inc (NASDAQ: QLIK), Och-Ziff Capital Management Group LLC (NYSE: OZM), Cheesecake Factory (NASDAQ: CAKE), Cymer, Inc. (NASDAQ: CYMI), Dominion Resources, Inc. (NYSE: D) and Chicago Bridge & Iron Company (NYSE: CBI) upgraded by analysts.

Och-Ziff Capital Management Group LLC (OZM) was upgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Buy” rating.

Qlik Technologies Inc. (QLIK) was upgraded by Robert W. Baird from a “Neutral” rating to an “Outperform” rating. They have a price target of $33.00 on the company.

Cheesecake Factory (CAKE) was upgraded by Lazard Capital from a “Neutral” rating to a “Buy” rating.

Cymer, Inc. (CYMI) was upgraded by Barclays Capital from an “Underweight” rating to an “Equal Weight” rating. They have a price target of $42.00 on the company.

Dominion Resources, Inc. (D) was upgraded by Macquarie from a “Neutral” rating to an “Outperform” rating.

Chicago Bridge & Iron Company (CBI) was upgraded by Stifel Nicolaus from a “Hold” rating to a “Buy” rating. They have a price target of $42.00 on the company.

GE (GE) (CAT) (QLIK) (BWLD) (PNRA) (SMG) Ratings Reiterated

General Electric (NYSE: GE), Caterpillar Inc. (NYSE: CAT), Qlik Technologies Inc (NASDAQ: QLIK), Buffalo Wild Wings (NASDAQ: BWLD), Panera Bread Company (NASDAQ: PNRA) and Scotts Miracle-Gro (NYSE: SMG) had ratings reiterated by analysts.

Deutsche Bank (NYSE:DB) reiterated a "Buy" rating on Buffalo Wild Wings (BWLD).

JPMorgan Chase & Co. (NYSE:JPM) reiterated an "Overweight" rating on Caterpillar Inc. (CAT).

Citigroup (NYSE:C) reiterated a "Buy" rating on General Electric (GE).

Sterne Agee reiterated a "Buy" rating on Panera Bread Company (PNRA). They have a price target of $134.00 on the company.

Citigroup reiterated a "Hold" rating on Qlik Technologies Inc (QLIK).

Oppenheimer reiterated a "Market Perform" rating on Scotts Miracle-Gro (SMG).

Inter Parfums (IPAR) (MANT) (OZRK) (QLIK) Downgraded

Inter Parfums Inc (NASDAQ: IPAR), ManTech (NASDAQ: MANT), Bank of the Ozarks (NASDAQ: OZRK) and Qlik Technologies Inc. (NASDAQ: QLIK) downgraded by analysts.

Inter Parfums (IPAR) was downgraded by Caris & Company from a “buy” rating to an “average” rating.

ManTech (MANT) was downgraded by Standpoint Research from a “buy” rating to a “hold” rating.

Bank of the Ozarks (OZRK) was downgraded by Stifel Nicolaus from a “buy” rating to a “hold” rating.

Qlik Technologies (QLIK) was downgraded by Jefferies (NYSE:JEF) from a “buy” rating to a “hold” rating. They have a price target of $34.00 on the company.

Inter Parfums closed Friday at $23.09, falling $1.05, or 4.35 percent. ManTech closed at $44.28, down $0.67, or 1.49 percent. Bank of the Ozarks ended the session at 452.43, gaining $0.10, or 0.19 percent. Qlik Technologies Inc. closed at $30.25, dropping $3.46, or 10.26 percent.

Lloyds (LYG) (IMAX) (NTRI) (ELX) (QLIK) (PL) Upgraded

Lloyds (NYSE: LYG), Imax Corporation (NASDAQ: IMAX), NutriSystem Inc (NASDAQ: NTRI), Emulex Co. (NYSE: ELX), Qlik Technologies Inc (NASDAQ: QLIK) and Protective Life Corp. (NYSE: PL) were upgraded by analysts.

Morgan Keegan upgraded Emulex Co. (ELX) from a “market perform” rating to an “outperform” rating. They have a price target of $11.00 on the company, down from $13.50.

Canaccord Genuity upgraded Imax Corporation (IMAX) was upgraded to a “buy” rating.

Goldman Sachs (NYSE:GS) upgraded Lloyds (NYSE: LYG) from a “neutral” rating to a “buy” rating.

Wedbush upgraded NutriSystem Inc (NASDAQ: NTRI) from a “neutral” rating to an “outperform” rating. They have a price target of $19.00 on the company, up from $17.00.

Bank of America (NYSE:BAC) upgraded Protective Life (PL) to a “buy” rating. They have a price target of $30.00 on the company.

BMO Capital Markets upgraded Qlik Technologies Inc (QLIK) from a “market perform” rating to an “outperform” rating. They have a price target of $40.00 on the company, up from $29.00.

Price Targets on (TNAV) (TRN) (QLIK) Updated

Price targets on Telenav Inc. (NASDAQ: TNAV), Trinity Industries, Inc. (NYSE: TRN) and Qlik Technologies Inc (NASDAQ: QLIK) get updated.

Deutsche Bank (NYSE:DB) raised their price target on Telenav Inc. (TNAV) from $9.00 to $11.00. They have a “hold” rating on the company.

Citigroup (NYSE:C) raised their price target on Qlik Technologies Inc (QLIK) from $19.00 to $30.00.

JPMorgan Chase & Co. (NYSE:JPM) raised their price target on Telenav Inc. (TNAV) from $9.50 to $13.00. They have a “neutral” rating on the company.

Longbow Research raised their price target on Trinity Industries, Inc. (TRN) from $40.00 to $44.00. They have a “buy” rating on the company.

Price Targets on (RIMM) (QLIK) (RSG) (SPN) (SPWRA) Updated

Price targets on Qlik Technologies Inc (NASDAQ: QLIK), Research In Motion (NASDAQ: RIMM), Republic Services (NYSE: RSG), Superior Energy Services (NYSE: SPN) and SunPower Co. (NASDAQ: SPWRA) get updated.

Jefferies (NYSE:JEF) raised their price target on Qlik Technologies Inc (QLIK) from $31.00 to $34.00. They have a “buy” rating on the company.

JPMorgan Chase & Co. (NYSE:JPM) cut their price target on Research In Motion (RIMM) from $63.00 to $50.00. They have an “overweight” rating on the company.

JPMorgan Chase & Co. raised their price target on Republic Services (RSG) from $35.00 to $35.50.

Howard Weil raised their price target on Superior Energy Services (SPN) from $40.00 to $43.00. They have a “market perform” rating on the company.

Jefferies analysts raised their price target on SunPower Co. (NASDAQ: SPWRA) from $22.00 to $26.00. They have a “buy” rating on the company.

Price Targets on (TRMB) (SPWRA) (STBC) (QLIK) Updated

Price targets on Trimble Navigation (NASDAQ: TRMB), SunPower Co. (NASDAQ: SPWRA), State Bancorp Inc (NASDAQ: STBC) and Qlik Technologies Inc (NASDAQ: QLIK) get updated.

JPMorgan Chase & Co. (NYSE:JPM) raised their price target on Trimble Navigation (TRMB) from $47.00 to $53.50.

JPMorgan Chase & Co. raised their price target on Qlik Technologies Inc (QLIK) from $32.00 to $35.00. They have an “overweight” rating on the stock.

Auriga raised their price target on SunPower Co. (SPWRA) to $13.00. They have a “sell” rating on the stock.

Keefe, Bruyette & Woods, Inc raised their price target on State Bancorp Inc (STBC) from $11.00 to $14.00.

Price Targets on (PNRA) (POT) (PTEN) (QLIK) (RIMM) Updated

Price targets on Panera Bread Company (NASDAQ: PNRA), Potash Corp (NYSE: POT), Patterson-UTI (NASDAQ: PTEN), Qlik Technologies Inc (NASDAQ: QLIK) and Research In Motion (NASDAQ: RIMM) get updated.

Morgan Keegan raised their price target on shares of Panera Bread Company (PNRA) from $125.00 to $135.00. They have an “outperform” rating on the company.

JPMorgan Chase & Co. (NYSE:JPM) cut their price target on Potash Corp (POT) from $64.50 to $64.00.

UBS AG (NYSE:UBS) raised their price target on Patterson-UTI (PTEN) from $29.00 to $34.00. They have a “neutral” rating on the company.

UBS AG raised their price target on Qlik Technologies Inc (QLIK) from $31.00 to $34.00. They have a “buy” rating on the company.

Deutsche Bank (NYSE:DB) cut their price target on Research In Motion (RIMM) from $50.00 to $45.00. They have a “sell” rating on the company.

Qlik (QLIK) (MSL) (MSTR) (PERY) Get Coverage Initiations from Analysts

Qlik Technologies Inc (NASDAQ: QLIK), MidSouth Bancorp, Inc. (NYSE: MSL), MicroStrategy Incorporated (NASDAQ: MSTR), Perry Ellis International, Inc. (NASDAQ: PERY) now getting coverage initiated by these analysts.

Raymond James (NYSE:RJF) initiated coverage on MidSouth Bancorp, Inc. (MSL). They started them with a “Market Perform” rating.

BMO Capital Markets initiated coverage on MicroStrategy Incorporated (MSTR). They started with an “Outperform” rating and a price target of $180.

Deutsche Bank (NYSE:DB) initiated coverage on Perry Ellis International, Inc. (PERY). They started with a “Buy” rating and a price target of $33.

BMO Capital Markets initiated coverage on Qlik Technologies Inc (QLIK). They started with a “Market Perform” rating and a price target of $29.

Perry Ellis (PERY) (REGN) (MSTR) (QLIK) Get Ratings Initiations

Regeneron Pharmceuticals (NASDAQ:REGN), MicroStrategy (NASDAQ:MSTR), Qlik Tech (QLIK) and Perry Ellis (NASDAQ:PERY) all had rating initiated on them from several brokerages.

Regeneron Pharmceuticals (REGN) has coverage resumed on them from Boenning & Scattergood, which started them off with an "Outperform" rating. They placed a price target of $58 on REGN.

MicroStrategy (MSTR) had coverage initiated on them by BMO Capital Markets, which started them off with an "Outperform.' They have a price target of $180 on MicroStrategy.

Qlik Tech (QLIK) also had coverage initiated on them by BMO Capital Markets, receiving a "Market Perform" rating from them. They placed a price target of $29 on Qlik.

Deutshe Bank (NYSE:DB) initiated coverage on Perry Ellis (PERY), starting them off with a "Buy" rating.

Pick Qlik (QLIK) Says UBS (UBS)

UGS (NYSE:UBS) recommends Qlik Technologies (Nasdaq:QLIK) as a "Buy," saying the company is an "emerging business intelligence vendor disrupting the traditional BI landscape with an easy to use, yet powerful data analysis tool."

UBS thinks this company could ultimately capture more revenues in the business intelligence market than there currently are in said market. Quite literally, UBS expects Qlik's business to outgrow the $9.2 billion currently being spent on competing products. For a company that last year pulled in $226 million in total revenue, that's a bold statement. But what are the chances UBS is right?

Qlik at your own risk

At first glance, I'd have to say those chances are not good. I mean, just look at the valuation on this stock! Eighty times last year's free cash flow and 110 times reported GAAP earnings. Even if Qlik manages to hit the 25% long-term annual growth target Wall Street has set for it, those are some pretty big numbers, and Qlik is a pretty expensive stock.

This is not some punter of a stock analyst we're talking about here, recommending that you buy Qlik Technologies - this is UBS.

Qlik Technologies closed Monday at $23.61, down $0.35, or 1.46 percent.




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