Canaccord Genuity Reiterates a 'Buy' on NetQin Mobile (NQ); Upbeat CES Analyst Event

Canaccord Genuity reiterates a 'Buy' on NetQin Mobile (NYSE: NQ) price target of $11.00.

Canaccord analyst, T. Michael Walkley, said, "NQ Mobile hosted an upbeat analyst event at CES, unveiled its new NQ Mobile brand, and introduced investors to co-CEO Omar Khan. Given NQ’s strong share of the China market, expanding international customer base, growing portfolio of solutions for the mobile security market, and our expectations for strong growth trends, we reiterate our rating."

For an analyst ratings summary and ratings history on NetQin Mobile click here. For more ratings news on NetQin Mobile click here.

Shares of NetQin Mobile closed at $6.98 yesterday.

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