Wedbush Reiterates an 'Outperform' on Neustar (NSR); Starting Off in Pole Position
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Price: $7.76 --0%
Rating Summary:
2 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 20
Rating Summary:
2 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 20
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Wedbush reiterates an 'Outperform' on Neustar (NYSE: NSR) price target of $48.00.
Analyst, Scott Sutherland, said, "We remain positive on Neustar and the company’s chances on retaining the NPAC contract with the FCC’s release of an RFP to select the next provider of Local Number Portability Administration (LNPA) services after June 2015. With solid and recurring revenue growth, even faster EPS growth, and attractive valuation, we expect shares of Neustar to outperform peers."
(Vendor selection expected March 29, 2013 with FCC approval on May 15, 2013)
For an analyst ratings summary and ratings history on Neustar click here. For more ratings news on Neustar click here.
Shares of Neustar closed at $35.80 yesterday.
Analyst, Scott Sutherland, said, "We remain positive on Neustar and the company’s chances on retaining the NPAC contract with the FCC’s release of an RFP to select the next provider of Local Number Portability Administration (LNPA) services after June 2015. With solid and recurring revenue growth, even faster EPS growth, and attractive valuation, we expect shares of Neustar to outperform peers."
(Vendor selection expected March 29, 2013 with FCC approval on May 15, 2013)
For an analyst ratings summary and ratings history on Neustar click here. For more ratings news on Neustar click here.
Shares of Neustar closed at $35.80 yesterday.
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