Kenexa (NASDAQ: KNXA) was downgraded by Zacks Investment Research from an “outperform” rating to a “neutral” rating in a research note issued to investors on Saturday.
Separately, analysts at Oppenheimer (NYSE: OPY) reiterated an “outperform” rating on shares of Kenexa in a research note to investors on Wednesday, November 2nd. They now have a $30.00 price target on the stock. Also, analysts at Piper Jaffray (NYSE: PJC) reiterated an “overweight” rating on shares of Kenexa in a research note to investors on Tuesday, November 1st. They now have a $38.00 price target on the stock.
Kenexa Corporation provides software, content and services that enable organizations to recruit and retain employees. Its solutions are built around a suite of configurable software applications that automate talent acquisition and employee performance management practices. It offers the software applications that form the on-demand solutions. It is a provider of integrated talent management solutions. Its solutions also provide employee performance management systems that help to ensure that organizations retain and optimize the performance of qualified individuals, identify employees who fail to perform and identify successors for critical positions. In addition, its solutions help organizations manage learning and assessment opportunities and events to develop employees for jobs. Its solutions enable customers to determine its workforce’s engagement level and diagnose where changes in behavior or human resource programs improve organizational performance and business outcomes.
Shares of Kenexa traded down 1.59% during mid-day trading on Friday, hitting $23.59. Kenexa has a one year low of $13.96 and a one year high of $33.19. The stock’s 50-day moving average is $26.30 and its 200-day moving average is $23.00. The company’s market cap is $638.3 million.