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Barclays Raises Price Target on Guidance Software (GUID), Solid Q2 Earnings

August 2, 2011 3:52 PM EDT
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Price: $6.23 -2.66%

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    1 Buy, 0 Hold, 0 Sell

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Barclays is reaffirming its Underweight rating on shares of Guidance Software (NASDAQ: GUID), but is raising its price target by $1 to $9.

The company reported solid Q2 earnings and reiterated its FY11 revenue guidance of 8-12 percent growth.

For more ratings news on Guidance Software click here and for the rating history of Guidance Software click here.

Shares of Guidance Software closed at $7.49 yesterday.


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