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Bullboard - Stock Discussion Forum NEULION, INC. T.NLN

Communication Services Pay TV
"NeuLion Inc is a technology product and service provider that offers digital video broadcasting, distribution and monetization of live and on-demand content to Internet-enabled devices."

TSX:NLN - Post Discussion

NEULION, INC. > Beacon upgrades from hold to Buy
View:
Post by lscfa on May 26, 2016 1:09am

Beacon upgrades from hold to Buy

May 25, 2016 Upgrading Due To Valuation.....

We are upgrading our rating on NeuLion to Buy from Hold due to a pullback in the share price.  

We’d also remind investors that Canadian comparable Quickplay Media (private company) was recently acquired by AT&T. While financial terms were not disclosed, industry sources suggests that the takeout valuation was at a premium to NeuLion’s current valuation.
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