Jefferies Maintains Hold on Concur Technologies (CNQR), Ups Price Target

Jefferies analysts updated their price target on (NASDAQ: CNQR) raising it by $3 to $59 from $56, while maintaining their HOLD rating.

Concur Technologies, Inc. provides on-demand employee spend management and travel procurement solutions worldwide.

The company’s fiscal second quarter numbers beat across the board. Jefferies analysts think the increased revenues and earnings could drive higher organic growth in 2013 and beyond.

Jefferies Hold Concur Technologies (NASDAQ: CNQR) price target of $59.00

For an analyst ratings summary and ratings history on Concur Technologies click here. For more ratings news on Concur Technologies click here.

Shares of Concur Technologies closed at $57.98 yesterday.

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