NQ Mobile Inc. Announces Proposed Investment from Management

Go back to NQ Mobile Inc. Announces Proposed Investment from Management

Rosenblatt Reiterates Buy on NQ Mobile (NQ)

March 31, 2016 10:09 AM EDT

Rosenblatt analyst, Jun Zhang, thinks that NQ Mobile (NYSE: NQ) two announcements (buying a 22% FL Mobile stake and 20% NQ stake) should be viewed as a positive since the management team is trying to bundle their interests with investors. The analyst thinks shares are worth $13 based on a... More