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Jefferies Upgrades RadiSys (RSYS) to Buy

August 2, 2011 7:51 AM EDT
Get Alerts RSYS Hot Sheet
Price: $1.72 --0%

Rating Summary:
    2 Buy, 3 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 17 | Down: 7 | New: 21
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Jefferies upgraded RadiSys (NASDAQ: RSYS) from Hold to Buy with a price target of $10.00.

The firm said, "We believe the shares are attractively valued based on our sum-of-the-parts analysis. RadiSys' recent acquisition of Continuous Computing factors positively into our valuation."

For more ratings news on RadiSys click here and for the rating history of RadiSys click here.

Shares of RadiSys closed at $8.02 yesterday.


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