Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of communications security specialist VirnetX Holding
So what: Analyst firm Cowen & Co. just started following VirnetX with a "buy" rating and a price target more than 40% above last night's closing price. Cowen sees the company collecting handsome paychecks as LTE networks become commonplace, catapulting VirnetX out of its current "pre-revenue" status.
Now what: Cowen basically equates VirnetX in the 4G era to the patent treasures of Qualcomm
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