Goldman Sachs Starts AVG Technologies (AVG) at Buy, Sees 43% Upside
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Price: $25.05 --0%
Rating Summary:
1 Buy, 7 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 10 | New: 19
Rating Summary:
1 Buy, 7 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 10 | New: 19
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Goldman Sachs initiates coverage on AVG Technologies (NYSE: AVG) with a Buy rating and $20 price target, suggesting 43% upside.
The firm said they see the company disrupting the $4 billion consumer security market with a freemium model, making about 1/10 the revenue per user as Symantec (Nasdaq: SYMC) while still being at similar profitability levels.
For an analyst ratings summary and ratings history on AVG Technologies click here. For more ratings news on AVG Technologies click here.
Shares of AVG Technologies closed at $13.98 yesterday.
The firm said they see the company disrupting the $4 billion consumer security market with a freemium model, making about 1/10 the revenue per user as Symantec (Nasdaq: SYMC) while still being at similar profitability levels.
For an analyst ratings summary and ratings history on AVG Technologies click here. For more ratings news on AVG Technologies click here.
Shares of AVG Technologies closed at $13.98 yesterday.
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