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Stephens Report (8/3/2012) 

By: postyle in IDCC | Recommend this post (5)
Wed, 08 Aug 12 7:28 PM | 437 view(s)
Boardmark this board | InterDigital Communications
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Stephens Report (8/3/2012) - "Initiating Overweight; Future Not Exactly Clear, But Favorable Nokia Ruling Helps" is now at WirelessLedger.com.

View/Download PDF Report: http://wirelessledger.com/Stephens_report_2012_8_3.pdf

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"While it's a meaningful challenge to project InterDigital's intermediate and long-term earnings, we see value in its patents and believe the stock price does not fully reflect the potential financial impact of a realistic best-case scenario. We are initiating coverage with an Overweight/Vol. rating and 12-month price target of $52 (based on a discounted weighted-average expected value of various 2015 financial scenarios)." 

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