Oppenheimer Starts Synacor (SYNC) at Outperform

March 21, 2012 7:19 AM EDT Send to a Friend
Get Alerts SYNC Hot Sheet
Price: $3.55 -1.11%

Rating Summary:
    2 Buy, 5 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 16 | New: 13
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Oppenheimer initiates coverage on Synacor (NASDAQ: SYNC) with a Outperform. PT $10.00.

"With several new customers added over the past 18 months, including Toshiba and Verizon FiOS, we expect the company's growth during this period to continue in the near term," the firm notes.

For an analyst ratings summary and ratings history on Synacor click here. For more ratings news on Synacor click here.

Shares of Synacor closed at $6.09 yesterday, with a 52 week range of $4.75-$6.37.


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