ADNC: Deutsche Starts at Buy; Voice Calls the New New Thing
Posted on June 04, 2012 at 13:43 PM EDT
Deutsche Bank’s Brian Modoff today starts coverage of chip maker Audience (ADNC), which went public May 10th and whose specialized digital signal processors (DSPs) are intended to improve sound quality in mobile devices, with a Buy rating and a $23 price target. As Modoff summarizes the company, “Audience has reinvigorated the once sleepy area of [...]