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Enter Symbol:
 
Concur Technologies, Inc. (CNQR) [hlAlert]

Rating:
Underperform
CNQR
down 14.29 %

Concur Technologies, Inc. (CNQR) downgraded to Underperform by Oppenheimer

Posted on: Tuesday,  Apr 9, 2013  8:25 AM ET by Oppenheimer

Oppenheimer rated Underperform Concur Technologies, Inc. (NASDAQ: CNQR) on 04/09/2013. Previously Oppenheimer rated Perform Concur Technologies, Inc. (NASDAQ: CNQR) on 09/06/2012.,
when the stock price was $72.98. Since then, Concur Technologies, Inc. has lost 14.29% as of 04/09/2013's recent price of $62.55.
If you would have followed the previous Oppenheimer's recommendation on CNQR, you would have lost 14.29% of your investment in 215 days.

Concur Technologies, Inc. is the world's leading provider of on-demand Corporate Expense Management services. Concur's end-to-end corporate travel and expense management service seamlessly unites online travel booking with automated expense reporting, controlling spend before it occurs while streamlining travel procurement and employee reimbursement. Concur's services also automate the process of managing vendor payments and employee check requests, eliminating paper, optimizing supplier relations and providing enhanced visibility. Concur's robust services help companies enforce policies and monitor vendor compliance, delivering unprecedented control and valuable insight. Concur's suite of on-demand services reach millions of employees across thousands of organizations around the world streamlining business processes, reducing operating costs, improving internal controls and providing enhanced visibility and actionable expense analysis.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/9/2013 8:25 AM Sell
None
62.55
as of 12/13/2013
1 Week up  1.77 %
1 Month up  3.93 %
3 Months up  12.81 %
1 YTD down  -56.52 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/6/2012 8:25 AM Buy
None
72.98 73.00
7/30/2012 8:25 AM Buy
None
68.67 73.00
7/30/2012 8:25 AM Buy
None
68.67 73.00
1/14/2011 8:25 AM Buy
None
54.69 60.00
11/11/2010 8:25 AM Buy
None
49.43 55.00
8/22/2008 8:25 AM Buy
None
46.76 55.00

(*) Stock Price at the time of the recommendation.
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