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PKTR $9.50~$12 , beats by $0.17, ex items, beats on revs Reports Q4 (Dec) earnings of $0.28 per share, excluding non-recurring items, $0.17 better than the Reuters Estimates consensus of $0.11; revenues rose 21.8% year/year to $31.9 mln vs the $27.5 mln consensus.
Packeteer upgraded to Buy at Citigroup; tgt upped to $16 (PKTR) 9.49 : Citigroup upgrades PKTR to Buy from Hold and raises their tgt to $16 from $9.25 following "strong" Q4 results which they say indicate it has fixed the execution problems across all regions.
Packeteer upgraded to Buy at Citigroup; tgt upped to $16 (PKTR) 9.49 : Citigroup upgrades PKTR to Buy from Hold and raises their tgt to $16 from $9.25 following "strong" Q4 results which they say indicate it has fixed the execution problems across all regions.
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