Maxim Says Vringo Win Could Lead to More Suits
Maxim's John Tinker believes Vringo's (NASDAQ: VRNG) win against Google (NASDAQ: GOOG) will provide credibility related to further lawsuits. Tinker says Vringo may now be able to sue Microsoft (NASDAQ: MSFT) and Yahoo! (NASDAQ: YHOO) for similar patent infringement. He sees the suit win as potentially worth $5/share.
Latest Ratings for VRNG
|Jan 2014||Maxim Group||Maintains||Buy|
|Nov 2013||Dawson James||Initiates Coverage on||Buy|
|Mar 2013||Lake Street||Initiates Coverage on||Buy|
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.