By: Wall Street Pit
May 27, 2011 at 08:48 AM EDT
VirnetX Holding Corp (VHC): Initiating with Outperform; See Significant Upside – Cowen
Cowen is initiating VirnetX Holding Corp (NYSE:VHC) with Outperform rating >40% upside target this morning calling it an unique IP play with ample upside. Real-time peer-to-peer communication, including video chat, should be among the compelling applications end-users adopt as all-IP 4G LTE wireless networks and two-camera smartphones proliferate. Cowen believes VHC’s intellectual property sits at [...]
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