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By: Benzinga
UPDATE: Wunderlich Securities Initiates OpenTable at Buy on Reservation Growth
Wunderlich Securities initiated OpenTable (NASDAQ: OPEN ) with a Buy rating and a $68.00 price target. Wunderlich Securities commented, "We believe the company has a strong competitive advantage in the U.S. market due to network effects. It also has plenty of opportunity for growth with 49% of all restaurants and
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