And it begins… new analyst coverage 3.80 target Raymond James compelling initiating coverage report released after market close. $3.80 outperform target.
Quarterhill - reinvented - ETC was worth the wait
- highlight that ETC would double their revenues by just winning their historical share of current pipeline. wow!
- values WiLan at 1.67 / share implying ITS business is only worth 4X EBITDA.
- very bullish on ITS. Believes QTRH is very undervalued. Assumes a 50% chance of settlement with Apple.