UPDATE: Albert Fried Upgrades Synacor to Overweight on Multiple Positive Factors
May 08, 2013 at 10:53 AM EDT
In a report published Wednesday, Albert Fried analyst Rich Tullo upgraded the rating on Synacor (NASDAQ: SYNC ) from Market Perform to Overweight, and reiterated the $6.00 price target. In the report, Tullo noted, “We like SYNC's strategic positioning, sticky client base and unique service offering. SYNC has emerged from