Goldman Sachs On TIBX 1Q

Goldman Sachs has issued a report on the solid momentum of TIBCO Software's (NASDAQ: TIBX) first quarter.

According to the report, "While we do not expect coming quarters to exhibit the kind of upside investors have grown accustomed to seeing over the past year or two, we do not believe that 2Q will shake the bull thesis – namely solid growth and margin outlook and a top M&A candidate in a consolidating industry."

TIBX has a Neutral Rating and a $25.00 Price Target.

TIBX closed at $26.27 yesterday.