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UPDATE: Lake Street Capital Initiates Vringo at Buy on Growing Asset Base
Monday, March 18, 2013 - 8:29am | 107Lake Street Capital initiated Vringo (NYSE: VRNG) with a Buy rating and a $6.00 price target. Lake Street Capital analyst Mark Argento commented, "Vringo has quickly become a key player in the IP management sector. It has parlayed its initial success against Google, using its search IP portfolio,...
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UPDATE: Lake Street Capital Initiates Quantum Corporation at Hold; Disk Growth Offsets Tape Slowdown
Wednesday, March 6, 2013 - 11:46am | 107Lake Street Capital initiated Quantum Corporation (NYSE: QTM) with a Hold rating and a $1.25 price target. Lake Street Capital commented, "Over the course of the next several years, we expect Quantum disk sales to outpace tape sales. We view Quantum shares as a tale of two companies. One company...
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UPDATE: Lake Street Capital Initiates Fuel Systems at Buy on Secular Shift in Alternative Fuels
Monday, February 25, 2013 - 10:02am | 111Lake Street Capital initiated coverage on Fuel Systems (NASDAQ: FSYS) with a Buy rating and an $18.00 price target. Lake Street Capital said, "Although we would not be surprised to see an earnings shortfall for Q4-12 (to be reported March 8) and a lowering of forward estimates (our 2013 estimates...
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UPDATE: Lake Street Capital Initiates Riverbed Technology at Buy on Compelling Risk/Reward
Tuesday, February 19, 2013 - 9:34am | 108Lake Street Capital initiated coverage on Riverbed Technology (NASDAQ: RVBD) with a Buy rating and a $20.00 price target. Lake Street Capital commented, "We expect Riverbed's future earnings will reward those with the fortitude to buy now, during the current period of uncertainty. While our $20...
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UPDATE: Lake Street Capital Initiates Chart Industries at Buy on Natural Gas Catalyst to Growth
Thursday, January 17, 2013 - 10:16am | 112Lake Street Capital initiated coverage on Chart Industries (NASDAQ: GTLS) with a Buy rating and a $75.00 price target. Lake Street Capital commented, "We are initiating coverage with a BUY rating as we believe Chart Industries is in a strong position to capture growth from a global secular shift...
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LucidMedia Obtains $4.5 Million Funding
Friday, June 4, 2010 - 11:01am | 93Online advertising demand-side platform LucidMedia recently announced that it has secured $4.5 million in funding. The funding has been extended by a consortium led by MMV Financials. According to TechCrunch, LucidMedia plans to use the funds to boost its recently launched self-service demand-side...