By: Benzinga
February 08, 2013 at 12:42 PM EST
UPDATE: Goldman Sachs Raises PT on Synchronoss Technologies After Q4 Beat
In a report published Friday, Goldman Sachs reiterated its Neutral rating on Synchronoss Technologies (NASDAQ: SNCR ), and raised its price target from $21.00 to $24.00. Goldman Sachs noted, “SNCR reported 4Q revenue of $73.2 mn (+18% yoy) above our/Street estimates of $69.4 mn/$70.1 mn, respectively. Cash EPS (ex. stock-based
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