Oppenheimer & Co. Inc. reiterated its Outperform rating on Syniverse Holdings, Inc. SVR following checks that indicate a strong finish to the 2nd Quarter. Oppenheimer & Co. maintains a $22 price target on shares of Syniverse.
Noting that "Business trends look solid in both Europe and North America," Oppenheimer analysts "expect [Syniverse] to deliver results at least in line with consensus." For FY10 and FY11, consensus estimates stand at $1.89 on $623M and $2.08 on $669M, respectively.
Syniverse Syniverse Holdings, Inc. is an enabler of wireless voice and data services for telecommunications companies worldwide. Shares closed at $19.82 on June 28.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: Analyst ColorAnalyst RatingsOppenheimer & Co. Inc.Telecommunication ServicesWireless Telecommunication Services
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in