Deutsche Bank Starts West Corp (WSTC) at Buy

May 1, 2013 1:06 PM EDT
Get Alerts WSTC Hot Sheet
Price: $23.50 --0%

Rating Summary:
    3 Buy, 5 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Deutsche Bank initiates coverage on West Corp (NASDAQ: WSTC) with a Buy and a price target of $25.00. Analyst Ashish Sabadra described the company as follows:

"WSTC is a business-model-transformation story, from an agent- to platform-based model, and its large, scalable, and proprietary leading-edge technology positions the company well to benefit from increased demand for unified communication services. The company should deliver double-digit net income growth driven by mid-single-digit revenue growth and lower interest expense."

For an analyst ratings summary and ratings history on West Corp (NASDAQ: WSTC) click here. For more ratings news on West Corp click here.

Shares of West Corp closed at $21.00 yesterday.


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