Deutsche Bank Maintains Buy Rating On DemandTec

According to Deutsche Bank, DemandTec (NASDAQ: DMAN) Buy rating is maintained.

Deutsche Bank said that DemandTec reported revenues and adjusted non-GAAP EPS of $22.5m/($0.04) slightly better than DB/street estimates of $22.5m/($0.06). “We do not see near-term catalysts, but recommend buying on weakness, as the company's long-term fundamentals remain intact.”

DemandTec closed yesterday at $9.10.