Wedbush Reiterates OP Rating, $58 PT on Micros Systems

Wedbush is reiterating its OP rating and $58 PT on shares of Micros Systems MCRS. “We see continued upside to our estimates based on improving markets and reasonable expectations,” Wedbush writes. “We believe incremental opportunities to leverage its online reservations platform will keep Micros' impressive growth going.” Micros Systems closed Monday at $46.33.