BusinessCompany NewsSage shines while others falter

Sage shines while others falter

Benefits from buy signal

Accounting software firm Sage Group has
performed strongly on the FTSE 100 while
other technology stocks have floundered.

On Friday last week, the FTSE 100 dived 122.1 points to 6,191.2, following
recessionary worries in the US tipping.

But Sage rose 4.25p to 243p helped by an upgrade from UBS, which moved from
‘neutral’ to ‘buy’ with a price target of 285p.

Further reading:

Sage forms CPA advisory board

‘Undervalued’ Sage shares climb

Netsuite offers lure to tempt Sage customers

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