Deutsche Bank Maintans a 'Buy' on Verisign (VRSN); Lowers Estimates

November 25, 2009 7:42 AM EST

Deutsche Bank maintans a 'Buy' on Verisign (Nasdaq: VRSN), price target $24.


Deutsche analyst says, "We came away from Verisign's analyst day understanding new growth opportunities and identifying potential near-term catalysts. The thesis around Verisign is shifting towards longer-term growth and away from margin expansion. We maintain our Buy and $24 PT."
VeriSign, Inc. provides infrastructure services to various networks worldwide...We lower our EPS to $1.39 from $1.43."

To see all the upgrades/downgrades on shares of VRSN, visit our Analyst Ratings page.

VeriSign, Inc. provides infrastructure services to various networks worldwide.


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