TIBCO Software

Goldman Sachs is lifting its FY11/12 non-GAAP EPS on TIBCO Software, Inc. (NASDAQ: TIBX) to $0.90/$1.05 from $0.86/$0.98 prior, driven by upside in the quarter and top line momentum. “Introducing FY13 non-GAAP EPS of $1.18,” Goldman Sachs writes. “Our 12-month price target also increases to $21.00...

JP Morgan has raised the price target on TIBCO Software (NASDAQ: TIBX) from $19 to $26.

Deutsche Bank has raised the price target on TIBCO Software (NASDAQ: TIBX) from $17 to $23.

Piper Jaffray has raised the price target on TIBCO Software (NASDAQ: TIBX) from $20 to $21.

Deutsche Bank reports that it is anticipating an inline to above consensus F4Q10 for TIBCO Software, Inc. (NASDAQ: TIBX). “We expect TIBCO to post inline to slightly better than expected F4Q10 results with revenue/EPS consensus estimates of $230m/$0.29,” Deutsche Bank writes. “Tibco reported a...