Oppenheimer Holdings Reiterates Outperform Rating, $32 PT on magicJack VocalTec
December 28, 2012 at 11:10 AM EST
In a report published Friday, Oppenheimer Holdings reiterated its Outperform rating and $32.00 price target on magicJack VocalTec Ltd. (NASDAQ: CALL ). Oppenheimer Holdings noted, “MagicJack announced that 4Q12 earnings will surpass estimates, on lower spending as revenue is in line with our estimates. GAAP net income should be over
