Canaccord Genuity Upgrades RealNetworks (RNWK) to Buy
RNWK Hot Sheet
Rating Summary:2 Buy, 1 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 16 | Down: 7 | New: 23
Canaccord Genuity's Jeff Rath upgraded shares of RealNetworks (NASDAQ: RNWK) from Speculative Buy to Buy in an intraday research note Thursday. The analyst maintains a $15 price target.
Shares of RealNetworks are up nearly 29 percent to $9.46 at last check following earlier news Intel will acquire patents and Codec Software from the company in a $120 million deal.
Even with the upside, Rath's price target represents further upside of almost 59 percent.
For an analyst ratings summary and ratings history on RealNetworks click here. For more ratings news on RealNetworks click here.
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Shares of RealNetworks are up nearly 29 percent to $9.46 at last check following earlier news Intel will acquire patents and Codec Software from the company in a $120 million deal.
Even with the upside, Rath's price target represents further upside of almost 59 percent.
For an analyst ratings summary and ratings history on RealNetworks click here. For more ratings news on RealNetworks click here.
Discover Wall Street's best ratings calls with the pros - Upgrade to Ratings Insider Elite. Free Trial!
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