VASCO Data Security: Sidoti Says Decline In Share Price Likely Reflects Pending Pause In Rev & EPS Growth Following, Says Co. Has Staying Power Following 50 Consecutive Quarters Of Profitability

Sidoti's Stan Berenshteyn expects increasing quantity and sophistication of data breaches will bring about more dependency on security by end-users and may drive an augmentation of consumer upgrade cycles. Three Positives: Favorable Tax Rate, Strong Balance Sheet and Consistent Free Cash Flow. Initiates Buy WIth $34.00 PT