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B. Riley & Co. considers InterDigital run too aggressive

By: WJS-635 in IDCC | Recommend this post (0)
Fri, 16 Dec 16 11:47 PM | 344 view(s)
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B. Riley & Co. considers InterDigital run too aggressive
Dec. 16, 2016 1:16 PM ET|By: Eric McCaffrey, SA News Editor
Subsequent yesterday's sharp upward move on a patent license arrangement with Apple and favorable earnings revision, analyst Eric Wold retains InterDigital (IDCC -1.7%) at Hold "given the one-time nature of the Q4 revenue upside and adverse impact to forward revenues."

Retains shares at $80 target (current price $89.40).


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