Come on..this stock has to be at an interesting price now. They have proven and extensive secured technology. They have a customer base. They are growing their revenue, albeit slower than they had hoped.
At worst case, they could be acquired for the SaaS technology in place, no?
Deutsche Bank lowers its price target $1.50 to $5 on Hold-rated IntraLinks on takeaways from recent checks.
Deutsche Bank notes, "We think 2012 will be a year where investors cast a watchful eye on the company, as the new CEO and re-formed sales team execute on a new plan that is just coming together. We maintain our Hold rating and tweak down estimates as we too look for signs of progress quarter-by-quarter during the transition and in the absence of full-year FY12 revenue guidance."