OPNET Tech to Sustain Growth

OPNET Technologies, Inc. (OPNT - Analyst Report) is a provider of management software for networks and applications. OPNET focuses on analytics rather than managing and reporting, where traditional management tools focus. With its analytical capabilities, OPNET solutions provide powerful modeling tools to rapidly troubleshoot and resolve performance problems and even prevent problems before they occur.

With encouraging results for its first quarter of fiscal year 2009, new license revenue growth has accelerated to its highest levels ever. We believe that changes to OPNET's sales process are paying off, and the company will be able to sustain this level of revenue and post growth going forward.

Growth in high-margin license revenue will also help demonstrate operating leverage over the coming quarters. We therefore maintain our Buy recommendation and our target price of $14.00.

Read the full analyst report on OPNT