Sybase Inc. (SY) - Raising Target to $ 40.00

Back on January 29th 2008 we published an in-depth research report on SY shares.  Today, based on the technical strength and the strong quarter; Database License Revenues up 38 % year over year, Messaging Revenue up 41 % year over year.  Additionally Management raised Full-Year Revenue, Earnings and Cash Flow Guidance, we are now raising our target to $ 40.00 

 

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