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Northland Starts Zix Corp. (ZIXI) at Outperform, Sets $4.50 Price Target

May 19, 2011 1:34 PM EDT
Get Alerts ZIXI Hot Sheet
Price: $8.48 --0%

Rating Summary:
    2 Buy, 4 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Shares of Zix Corp. (NASDAQ: ZIXI) edged higher in mid-day trade following an intraday research note from Northland Securities in which the firm initiated coverage on the stock with an Outperform rating and a $4.50 price target.

With the stock last trading at $3.44, Northland's new price target implies potential upside of about 31 percent.

For more ratings news on Zix Corp. click here and for the rating history of Zix Corp. click here.


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