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Attunity (ATTU) Upgraded at Zacks Investment Research

Willdan Group, Inc. (WLDN) Expected to Post Quarterly Sales of $80.79 Million Attunity (ATTU) Upgraded at Zacks Investment Research Attunity (ATTU) Upgraded at Zacks Investment Research - Filed Under - by Tyrone Williams Tweet

Zacks Investment Research upgraded shares of Attunity (NASDAQ:ATTU) from a hold rating to a buy rating in a report released on Tuesday. They currently have $26.00 price target on the technology company’s stock.

According to Zacks, “Attunity is the leading provider of service-orientated software and solutions in the Workplace Applications market. Using Attunity’s software, companies can seamlessly and efficiently connect, transfer, join and stream to and from virtually any data source in real-time, and subsequently use that data to rapidly configure and deploy management-focused Workplace Applications. With successful deployments at thousands of organizations worldwide, Attunity has over seveteen years experience of providing enterprise-class software, both directly and indirectly through a number of strategic and OEM agreements with global-class partners such as HP, IBM, Microsoft, Oracle, Business Objects and Cognos. Listed on Nasdaq and with a worldwide headquarters in Boston, USA, Attunity serves its customers via offices in North America, Europe, Middle East, China and Australia, as well as through a network of local partners. “ Get Attunity alerts:

A number of other research analysts also recently weighed in on the company. ValuEngine downgraded Attunity from a strong-buy rating to a buy rating in a research note on Friday, March 1st. Roth Capital downgraded Attunity from a buy rating to a neutral rating in a research note on Thursday, February 21st. BidaskClub downgraded Attunity from a strong-buy rating to a buy rating in a research note on Monday, February 4th. Finally, Craig Hallum downgraded Attunity from a buy rating to a hold rating in a research note on Thursday, January 31st. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Attunity has a consensus rating of Buy and an average price target of $24.75. Shares of NASDAQ:ATTU opened at $23.34 on Tuesday. The stock has a market capitalization of $499.01 million, a PE ratio of 72.94, a price-to-earnings-growth ratio of 3.21 and a beta of 1.95. Attunity has a 1 year low of $6.97 and a 1 year high of $27.32.

Attunity (NASDAQ:ATTU) last announced its quarterly earnings data on Thursday, January 31st. The technology company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.10. The company had revenue of $25.98 million for the quarter, compared to the consensus estimate of $23.70 million. Attunity had a return on equity of 11.23% and a net margin of 6.95%. Sell-side analysts predict that Attunity will post 0.29 earnings per share for the current fiscal year.

A number of hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC raised its stake in Attunity by 57.7% during the 4th quarter. Geode Capital Management LLC now owns 42,208 shares of the technology company’s stock worth $829,000 after buying an additional 15,442 shares during the period. Two Sigma Advisers LP raised its stake in Attunity by 18.6% during the 4th quarter. Two Sigma Advisers LP now owns 206,000 shares of the technology company’s stock worth $4,054,000 after buying an additional 32,300 shares during the period. Oberweis Asset Management Inc. acquired a new position in Attunity during the 4th quarter worth approximately $19,406,000. Prescott Group Capital Management L.L.C. raised its stake in Attunity by 7.3% during the 4th quarter. Prescott Group Capital Management L.L.C. now owns 307,071 shares of the technology company’s stock worth $6,043,000 after buying an additional 20,900 shares during the period. Finally, Raymond James & Associates acquired a new position in Attunity during the 4th quarter worth approximately $225,000. 51.42% of the stock is currently owned by institutional investors and hedge funds.

Attunity Company Profile

Attunity Ltd., together with its subsidiaries, develops, markets, sells, and supports data integration and Big Data management software solutions worldwide. It offers Attunity Replicate, a data replication software for delivering, sharing, and ensuring the availability of data for meeting business operations, analytics, and business intelligence needs; Attunity Gold Client, a replication software for data management within SAP environments; and Attunity Visibility, a software for data usage analytics in Big Data environments.

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