TSR UPGRADED - raised price target on the stock to $23
08:45 AM EDT, 04/26/2013 (MidnightTrader) -- Tessera Technologies, Inc. (TSRA ) has been upgraded by analysts at Bank of America to a Buy rating from Underperform.
The firm has also raised its price target on the stock to $23 from $14 a share.
TSRA is steady in pre-market activity at $18.80, amid a 52-week range of $12.77 - $20.01.
Price: 18.80, Change: 0, Percent Change: 0
I held off buying more TSRA because of that $14 price target. I bought some down there and am now slightly 'above water'. Last time I look at analyst 'targets' ! You might as well throw darts at a homemade stock-board.