UPDATE: Benchmark Initiates UBIC at Buy on Revenue Expectations
July 09, 2013 at 08:45 AM EDT
In a report published on Tuesday, Benchmark analyst Mark W. Schappel initiated coverage on UBIC (NASDAQ: UBIC ) with a Buy rating and a price target of $9.00. In the report, Benchmark noted, "Because of its Japanese roots and because it was the first company to process Asian characters, UBIC has