Wunderlich Securities Reiterates Buy Rating, $6.50 PT on Lionbridge Technologies

By: Benzinga
In a report published Wednesday, Wunderlich Securities reiterated its Buy rating and $6.50 price target on Lionbridge Technologies (NASDAQ: LIOX ). Wunderlich Securities noted, “Lionbridge Technologies, Inc. (LIOX) announced the acquisition of crowdsourcing player Virtual Solutions yesterday. With total consideration including earnouts of $7.6 million, this tuck-in acquisition is similar
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