Vasco Sales Outlook Said Too Conservative

By | February 18, 2015

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Vasco Data Security International (VDSI) was overly conservative with its 2015 revenue forecast early Tuesday and will likely raise it later, says an analyst in hiking his price target on Vasco stock. Joe Maxa, an analyst for Dougherty & Co., raised his price target on the security products company to 35 from 30 and maintained a buy rating on Vasco stock. Vasco early Tuesday posted Q4 earnings that beat, but executive comments indicated a possible Scalper1 News

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