By: Benzinga
UPDATE: Topeka Raises PT on NQ Mobile on Global Expansion Strategy
In a report published Thursday, Topeka Capital Markets reiterated its Buy rating on NQ Mobile (NYSE: NQ ) and raised its price target from $20 to $25. Topeka reported that, “We are initiating our 2014 EPS estimate of $1.25 (+29%) and raising our price target to $25 from $20. We
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