Zacks Investment Research upgraded shares of Attunity (NASDAQ:ATTU) from a hold rating to a strong-buy rating in a research report released on Wednesday. The brokerage currently has $25.00 target price on the technology company’s stock.

According to Zacks, “Attunity is the leading provider of service-orientated software and solutions in the Workplace Applications market. Using Attunity’s software, companies can seamlessly and efficiently connect, transfer, join and stream to and from virtually any data source in real-time, and subsequently use that data to rapidly configure and deploy management-focused Workplace Applications. With successful deployments at thousands of organizations worldwide, Attunity has over seveteen years experience of providing enterprise-class software, both directly and indirectly through a number of strategic and OEM agreements with global-class partners such as HP, IBM, Microsoft, Oracle, Business Objects and Cognos. Listed on Nasdaq and with a worldwide headquarters in Boston, USA, Attunity serves its customers via offices in North America, Europe, Middle East, China and Australia, as well as through a network of local partners. “

A number of other research analysts have also weighed in on the company. TheStreet raised Attunity from a c rating to a b- rating in a report on Friday, November 2nd. Craig Hallum reaffirmed a buy rating and set a $24.00 price objective on shares of Attunity in a report on Thursday, November 1st. They noted that the move was a valuation call. BidaskClub lowered Attunity from a buy rating to a hold rating in a report on Tuesday, October 9th. Roth Capital upped their target price on Attunity from $20.00 to $25.00 and gave the company a buy rating in a report on Wednesday, September 19th. Finally, Needham & Company LLC upped their target price on Attunity from $20.00 to $24.00 and gave the company a buy rating in a report on Monday, August 20th. Five equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus price target of $24.50.

Shares of ATTU stock opened at $22.86 on Wednesday. Attunity has a 1-year low of $6.27 and a 1-year high of $23.85. The firm has a market cap of $490.11 million, a P/E ratio of 153.13 and a beta of 1.83.

Attunity (NASDAQ:ATTU) last announced its quarterly earnings data on Thursday, November 1st. The technology company reported $0.16 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.04) by $0.20. Attunity had a return on equity of 5.97% and a net margin of 2.45%. The firm had revenue of $22.22 million for the quarter, compared to analyst estimates of $18.93 million. Analysts expect that Attunity will post 0.23 EPS for the current fiscal year.

Institutional investors have recently bought and sold shares of the business. First Manhattan Co. acquired a new stake in Attunity in the third quarter valued at $113,000. Wells Fargo & Company MN purchased a new stake in shares of Attunity in the third quarter valued at $120,000. Engineers Gate Manager LP purchased a new stake in shares of Attunity in the second quarter valued at $143,000. Citadel Advisors LLC purchased a new stake in shares of Attunity in the second quarter valued at $151,000. Finally, FNY Investment Advisers LLC purchased a new stake in shares of Attunity in the second quarter valued at $162,000. 37.00% of the stock is currently owned by institutional investors.

Attunity Company Profile

Attunity Ltd., together with its subsidiaries, develops, markets, sells, and supports data integration and Big Data management software solutions worldwide. It offers Attunity Replicate, a data replication software for delivering, sharing, and ensuring the availability of data for meeting business operations, analytics, and business intelligence needs; Attunity Gold Client, a replication software for data management within SAP environments; and Attunity Visibility, a software for data usage analytics in Big Data environments.

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