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Fly News Breaks for May 9, 2018
VDSI
May 9, 2018 | 09:24 EDT
As previously reported, Dougherty upgraded Vasco Data Security to Buy from Neutral with a $21 price target. Analyst Catherine Trebnick said Vasco reported solid Q1 results on a top line beat and very strong margins. Trebnick said Vasco is reporting more consistent performance in the non-hardware segment, with growth potential for eSignLive and expects the upcoming extension of the Trusted Identity Platform will drive significant non-hardware contribution with potential for margin and earnings expansion.
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