GARP Research Reiterates a 'Buy' on Monotype Imaging (TYPE); Compelling Value with Strong Growth Potential
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Price: $23.80 +0.80%
Rating Summary:
3 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
3 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Trade TYPE Now!
GARP Research reiterates a 'Buy' on Monotype Imaging (NASDAQ: TYPE).
Analyst, Rob Furlong, said, "Shares of Monotype Imaging have collapsed more than 15% YTD and now trade at 13x 2012 consensus EPS of 99ยข (excluding share-based comp). We think this is an extremely compelling opportunity for what is basically a monopoly that could grow earnings in excess of 20% annually for the next few years."
For an analyst ratings summary and ratings history on Monotype Imaging click here. For more ratings news on Monotype Imaging click here.
Shares of Monotype Imaging closed at $13.08 yesterday, with a 52 week range of $9.98-$17.02.
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Analyst, Rob Furlong, said, "Shares of Monotype Imaging have collapsed more than 15% YTD and now trade at 13x 2012 consensus EPS of 99ยข (excluding share-based comp). We think this is an extremely compelling opportunity for what is basically a monopoly that could grow earnings in excess of 20% annually for the next few years."
For an analyst ratings summary and ratings history on Monotype Imaging click here. For more ratings news on Monotype Imaging click here.
Shares of Monotype Imaging closed at $13.08 yesterday, with a 52 week range of $9.98-$17.02.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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