Oppenheimer Maintains Perform Rating on Online Resources

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A report from Oppenheimer reiterates its Perform rating on Online Resources
ORCC
. The report states, “Core net income is expected in the range of $0.03-0.05/share, which partially reflects a short-term benefit from the Durbin amendment. Management remains optimistic about its decision to pursue a new long-term growth plan, but the turnaround will likely require significant patience and is not without risk, in our view." ORCC closed yesterday at $2.73.
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Posted In: Analyst ColorReiterationAnalyst RatingsOppenheimer
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