Tuesday, January 18, 2011

IntraLinks Holdings (NYSE:IL) Profiting from DCM, M&A

IntraLinks Holdings (NYSE:IL) is expanding their international presence, and along with that are getting the benefit of increasing M&A and DCM, according to Jefferies (NYSE:JEF).

Citing these factors, Jefferies increased their ESP estimates for full year 2010 through 2012. They raised them from $0.22/$0.42/$0.54 to $0.23/$0.44/$0.59.

Jefferies maintains their "Buy" rating on IntraLinks Holdings, which closed Friday at $21.32, remaining level from the previous trading session. They boosted their price target on IntraLinks from $24 to $25.

No comments: