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Tech Industry

Analyst roundup: Software Artistry found attractive

MetaTools and Software Artistry are among the high-tech firms eyed by analysts.

Analyst likes Software Artistry for the long haul

Software Artistry (SWRT) was upgraded by Robertson Stephens analyst Paul Dravis. He upped his recommendations to "long-term attractive" from "market performer" due to a 35 percent jump in fourth-quarter revenues.

Dravis increased his 1997 fiscal-year estimate to $44.9 million, up from $43.6 million, and upped his earnings per share to 48 cents from 43 cents a share.

New coverage for MetaTools

MetaTools (MTLS) began getting coverage today by Emerald Research. The company's stock was trading at 16-1/4 this morning, up slightly from yesterday's close of 16, and closed at 15-7/8.