UPDATE: Stifel Nicolaus Downgrades Qlik Technologies to Hold on Product Readiness Headwinds
Posted on January 17, 2013 at 11:58 AM EST
Stifel Nicolaus downgraded Qlik Technologies (NASDAQ: QLIK ) from Buy to Hold and removed its previous $32 price target Stifel Nicolaus noted, "We feel fine about the 4Q numbers, but also feel the loss of growth momentum in recent quarters, alongside building customer and partner frustrations from our checks, could