Canaccord Genuity Reiterates a 'Buy' on NetQin Mobile (NQ); Upbeat Management Meeting in Beijing, New iOS Product Demo
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Price: $2.20 --0%
Rating Summary:
4 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
4 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Canaccord Genuity reiterates a 'Buy' on NetQin Mobile (NYSE: NQ) price target of $10.00.
Canaccord analyst, T. Michael Walkley, said, "We met with NetQin management at the company headquarters in Beijing, including CEO Dr. Henry Li, COO Dr. Vincent Shi, and VP of Strategy Will Jiang. Management indicated business trends for NetQin’s core mobile security business remain strong and also demoed an impressive new iOS mobile experience application called Have a Nice Day. With our checks indicating strong smartphone growth in China, we believe NetQin’s business trends tracked well versus our September quarter estimates."
For more ratings news on NetQin Mobile click here and for the rating history of NetQin Mobile click here.
Shares of NetQin Mobile closed at $3.83 yesterday.
Canaccord analyst, T. Michael Walkley, said, "We met with NetQin management at the company headquarters in Beijing, including CEO Dr. Henry Li, COO Dr. Vincent Shi, and VP of Strategy Will Jiang. Management indicated business trends for NetQin’s core mobile security business remain strong and also demoed an impressive new iOS mobile experience application called Have a Nice Day. With our checks indicating strong smartphone growth in China, we believe NetQin’s business trends tracked well versus our September quarter estimates."
For more ratings news on NetQin Mobile click here and for the rating history of NetQin Mobile click here.
Shares of NetQin Mobile closed at $3.83 yesterday.
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