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Roth Capital Raises Numbers on ZAGG (ZAGG) Following iFrogz Deal

June 22, 2011 7:44 AM EDT
Get Alerts ZAGG Hot Sheet
Price: $4.29 --0%

Rating Summary:
    4 Buy, 6 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 18 | New: 17
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Roth Capital raises estiamtes and its price target on ZAGG Incorporated (NASDAQ: ZAGG) to $16 following the company's acquisition of iFrogz. The firm maintained their Buy rating.

2011 EPS estimates go from $0.58 to $0.65, 2012 from $0.70 to $0.80. Revenue estimates go from $111 million to $141 million for 2011 and $130.6 to $190.6 million for 2012.

For more ratings news on ZAGG Incorporated click here and for the rating history of ZAGG Incorporated click here.

Shares of ZAGG Incorporated closed at $12.60 yesterday.


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