UPDATE: Wunderlich Securities Raises Price Target on VASCO Data Security International to $10.25

According to Wunderlich Securities, VASCO Data Security International

price target is raised to $10.25. Wunderlich Securities said that Vasco (

) reported its 4Q results yesterday morning, delivering EPS from continuing operations of $0.29 on revenue of $48.5 million vs. Street estimates for $0.13 and $42.3mm, respectively. “We maintain our Buy rating and are raising our price target on shares of VDSI to $10.25 from $8.25.” VASCO Data Security International closed yesterday at $9.45.