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Stock Market & Financial Investment News

News Breaks
March 13, 2014
07:45 EDTCALLmagicJack price target raised to $24 from $17 at Canaccord
Canaccord raised its price target on magicJack following solid Q4 results citing new guidance that was significantly higher than Street expectations. The firm believes the solid activations during the quarter thanks to a renewed advertising campaign will continue to increase during the year which could lead to further upside than the optimistic estimates. Shares are Buy rated.
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