Oversold Stocks in Tech Sector – eGain Corp (NASDAQ:EGAN), Peregrine Semiconductor (NASDAQ:PSMI), Actuate Corporation (NASDAQ:BIRT), Dun & Bradstreet (NYSE:DNB)

eGain Corp (NASDAQ:EGAN) announces fiscal 2014 second quarter financial results. Total quarterly revenue of $17.7 million, up 20% year-over-year. Quarterly cloud software revenue up 49% year-over-year. Six months total revenue of $33.3 million up 31% year-over-year. Six months cloud revenue up 55% year-over year. eGain Corp (NASDAQ:EGAN) stock opened at $8.90 in last trading session, and closed at $8.49, trading in the range of $8.35 – $9.03. The stock showed a negative weekly performance of -11.10%.

Equities research analysts at Canaccord Genuity cut their price objective on shares of Peregrine Semiconductor Corp. (NASDAQ:PSMI) from $7.00 to $6.50 in a research note issued to investors on Tuesday, Analyst Ratings News reports. Canaccord Genuity’s target price would indicate a potential upside of 19.49% from the stock’s previous close. Peregrine Semiconductor Corp (NASDAQ:PSMI) shares closed at $5.13 on last trade day, by losing -5.70%. Stock 52 week range is $4.75 – $12.09. Company’s market capitalization is $167.68 million.

Actuate Corporation (NASDAQ:BIRT), announced the launch of a new generation of Actuate’s Customer Communications Management (CCM) solution, now integrated with the recently launched BIRT iHub™ 3 deployment platform. The new BIRT Content Services™ 5.0™ is a holistic solution for CCM that enables end-to-end management of high volume customer communications. The BIRT Content Services solution enables banks and financial firms, telecommunications companies, government agencies and healthcare companies to easily transform, process, personalize, archive and deliver accessible customer communications across multiple channels. Additionally, Actuate announced earlier this week the acquisition of legodo ag, a German software firm that big-brand customers use to tap and utilize data embedded in ERP and CRM applications. Actuate Corporation (NASDAQ:BIRT) stock decreased -2.54% and finished the last session at $5.75. The EPS of the stock remained 0.13. Company’s market capitalization is $275.67 billion.

Dun & Bradstreet Corp. (NYSE:DNB) had its target price decreased by Barclays from $125.00 to $115.00 in a report issued on Wednesday, AnalystRatingsNetwork.com reports. They currently have an equal weight rating on the stock. Dun & Bradstreet Corp (NYSE:DNB) stock opened at $97.73 in last trading session and closed at $97.22. The 52 week range of the stock is $77.60 – $124.59 and the day range was $96.52 – $98.23.

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