Absolute Software Corporation (ABST) Social Stream

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$ABST this is CAD
* BMO Nesbitt Burns analyst Thanos Moschopoulos cut his Absolute Software Corp. (ABST-T -3.24%decrease
) target to $18.50 from $20, below the $20.06 average, with a “market perform” rating.

“Overall, we view the stock’s valuation as potentially attractive and think management’s strategy makes sense, but we would like better comfort on ABST’s ability to capitalize on NetMotion’s market opportunity and on its prospects for accelerating its overall revenue growth,” he said.