RealD (RLD) Shares Surge as Analyst Considers Chance of Strategic Buyer Stepping Up
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Price: $11.00 --0%
Rating Summary:
7 Buy, 4 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
Rating Summary:
7 Buy, 4 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
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RealD's (NYSE: RLD) current valuation offers another company a possible strategic acquisition, Eric Wold of Merriman Capital said in a research note from Tuesday morning. The analyst also said a private buyer may propose a enticing offer.
Wold maintains a Buy rating and $19-$23 valuation range on shares of RealD.
Shares of RLD are trading up roughly 9.5 percent amid the bullish note. The stock is down 64 percent since mid May.
Wold maintains a Buy rating and $19-$23 valuation range on shares of RealD.
Shares of RLD are trading up roughly 9.5 percent amid the bullish note. The stock is down 64 percent since mid May.
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