By: Benzinga
October 25, 2013 at 15:19 PM EDT
UPDATE: Topeka Reiterated PT for NQ Mobile After Muddy Waters Allegation
Topeka analyst Frederick Ziegal reiterated the PT of $33.50 for NQ Mobile Inc. (NYSE: NQ ) after NQ addressed fraud allegations during a conference call. The company said that the Muddy Waters' allegation was false Oppenheimer downgraded NQ mobile and removed the PT today due to an expected overhang
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