Edit Metric

Company
Value
Source
Source URL
Notes
		Cancel

Edit | History

Details

Company:
Value :
Source:
Source URL:
Notes:

Feedback | FAQ

Get involved

Companies | Concepts | Contributors

Cognos (COGN)

Stock (Computer Software Industry)

Cognos Incorporated downgraded by Goldman Sachs and Jefferies & Co Cognos Incorporated rose on October 8, 2007 on speculation that one of its competitors may acquire the company. However, Goldman Sachs and Jefferies & Co downgraded the stock today resulting in a decline in stock price. The stock is said to be currently overvalued according to Jefferies & Co. Cognos stock price moves up on speculation of acquisition Cognos’ stock price increased on the speculation that it can be an acquisition target in the near future after its rival Business Objects was acquired by SAP today. Analysts expect that the SAP-Business Objects deal increases the chance of Cognos being acquired in next 12-18 months. A Broadpoint Capital analyst raised the target price from $50 to $54, and gave the stock a ‘buy’ rating.

The Shelf

Worried about pump and dump?

We review changes
for stock spam

» read more

Want to make Wikinvest better?

We need your help,
contribute today

» learn how

Do you write software?

We are recruiting
the best engineers

» view jobs

Like Wikinvest?

Spread the word —
Tell your friends!

» spread the word

Wikinvest © 2006, 2007, 2008. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.