Goldman Sachs Group upgraded shares of Software (OTCMKTS:SWDAF) from a neutral rating to a buy rating in a report published on Thursday morning, The Fly reports.
Separately, Morgan Stanley upgraded shares of Software from an underweight rating to an equal weight rating in a report on Thursday, July 25th.
OTCMKTS SWDAF opened at $29.60 on Thursday. The company’s 50-day moving average price is $27.56 and its 200-day moving average price is $31.47. Software has a 12 month low of $26.15 and a 12 month high of $46.50.
Software Aktiengesellschaft provides software development, licensing, and maintenance; and information (IT) services worldwide. It operates through three segments: Digital Business Platform, Adabas & Natural, and Consulting. The company offers Adabas & Natural, a transaction processing platform that enables digital enterprises to leverage core systems in various ways; Alfabet for use in IT planning and portfolio management, as well as enterprise architecture management; Apama, a platform for streaming analytics and intelligent automated actions on fast-moving big data; and Architecture for Integrated Information Systems, a platform that makes processes transparent, controlled, manageable, and agile.
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