New York, May 30 (FinanceEnquiry.com) – Analysts at Gilford Securities initiate BUY Rating on the shares of VirnetX Holding Corporation (NYSE: VHC). The 12-month target price is set to $65.
In the published research note, the analysts mention that solutions (intellectual property) that can’t be commoditized comfortably are hardly developed and possessed by technology companies.
The opportunity that is consequent to the new solutions release, the vast majority capture a shortened window, even though, few among them are quite distinguishable, resulting in competition, margin pressure and transient periods of success (the cycle of acquisitions then begins).
In order to establish relationships and licensing arrangements with multiple players participating in the 4G/LTE cycle, core intellectual or encryption of the VirnetX Holding Corporation is believed to be placed uniquely, the analysts add further.