UPDATE: Wunderlich Securities Upgrades Vasco Data Security to Buy, Maintains $8.25 PT

Wunderlich Securities upgrades Vasco Data Security International

to Buy from Hold and reiterates its price target of $8.25 per share on its stock to reflect recent pullback in price and increased confidence on the company. Wunderlich Securities notes, "We are upgrading shares of Vasco (

) from Hold to Buy due to the combination of an attractive entry point as a result of the recent pullback in the company's shares and increased confidence in the company's enterprise business trends. We anticipate a significant uptick in adoption of VDSI tokens within the enterprise gaming vertical due to the catalyst provided by the December launch of BioWare's (EA-NR) Star Wars: The Old Republic." VDSI closed at $6.88 per share on Monday.