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Concur Technologies, AŞ Message Board

  • read_learn read_learn Aug 7, 2012 9:39 AM Flag

    Nomura Securities Starts Concur Technologies (CNQR) at Buy

    Nomura Securities Starts Concur Technologies (CNQR) at Buy with a price target of 80. (unlike Goldman they are taking into account the GSA contract and the potential of a DOD (Department of Defense) contract and other irons in the fire they have).

    I have been looking into their Open Booking idea and there are many items that they will benefit from with this. This is why they were so excited on the earnings call. Selling ads with Google and booking information creating an itinerary instead of emails is nice. Many other things to come from it removing cost from the travel for corporations. As they said on the call this will be disruptive to the travel supply chain.

    Strong buy.