Cantor Fitzgerald upgrades RADVISION (RVSN) to Buy
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Cantor Fitzgerald upgrades RADVISION (Nasdaq: RVSN) from Hold to Buy with a $12 price target, following sell-off from disappointing Q1 guidance.
The firm said, "We think this sell-off represents an attractive buying opportunity and believe that the company's rich cash position and solid cash generation capabilities provide a solid floor to shares relative to current levels."
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