UPDATE: Topeka Capital Markets Raises PT to $52 on VeriSign on 2014 Forecast

Topeka Capital Markets maintained VeriSign

with a Buy rating and raised the price target from $46.00 to $52.00. Topeka Capital Markets noted, "We reiterate our Buy rating and raise our price target to $52 (from $46) as we incorporate 2014 estimates. The recent .com agreement sets a baseline from which there is upside from new services and new domain activities, the latter beginning in 2014." VeriSign closed at $44.61 on Monday.