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Goodbuddy4863

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Goodbuddy4863

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Saturday, 12/17/2016 11:51:59 PM

Saturday, December 17, 2016 11:51:59 PM

Post# of 28442
Got this thru My e-mail:

B. Riley & Co. suggests InterDigital run too aggressive
Dec. 16, 2016 1:16 PM ET|By: Eric McCaffrey, SA News Editor


Subsequent yesterday's sharp upward move (shares now +7.8% for the week overall) 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).

http://seekingalpha.com/news/3231192-b-riley-and-co-suggests-interdigital-run-aggressive


My Opinion:
IDCC failed yet again to get a Pay per Unit Royalty from Apple for 3G.
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