Barclays Upgrades TIBCO Software To Equal-weight

Analysts at Barclays upgraded TIBCO Software

from Underweight to Equal-weight. The target price for TIBCO Software has been raised from $19 to $24. TIBCO Software shares have dropped 10.96% over the past 52 weeks, while the S&P 500 index has gained 16.68% in the same period. TIBCO Software's shares jumped 21.22% to close at $23.65 yesterday.