UPDATE: Jefferies Reiterates Buy Rating, Raises PT on RadiSys Corporation on Good Q4 Results

In a report published Wednesday, Jefferies reiterated its Buy rating on RadiSys Corporation

, and raised its price target from $4.00 to $7.00. Jefferies noted, “Radisys reported Q4 results consistent with their positive pre-announcement on January 14. Guidance was above our (and Street) expectations. Radisys' shares offer a compelling valuation and exposure to very interesting growth opportunities such as VoLTE and small cells. We're reiterating Buy rating.” RadiSys Corporation closed on Tuesday at $4.21.