OPNET Technologies (OPNT) – Bull of the Day
Posted on January 04, 2010 at 00:00 AM EST
We are extending our estimates on OPNET Technologies ( OPNT ) through 2012 fiscal year. OPNET reported exceptional second quarter results due to strong new software license revenue. Gross profit margins were well above expectations. We expect gains in market share to continue. Continued cost controls and the booking of deferred revenue should improve earnings. Software license growth should have a positive impact on near-term revenue. We maintain our outperform rating and increased our target price to $14.50. Zacks Investment Research
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here