VeriSign (VRSN): Three Reasons To Buy

Oppenheimer sees more upside for VeriSign (VRSN). The firm gave 3 reasons why VRSN deserves a higher multiple than its peers:

  • margin expansion potential
  • dominance in the domain name registration and secure socket layer certification markets
  • approximately 20% revenue growth

Oppenheimer maintains OUTPERFORM for VeriSign (VRSN), ups target from $42 to $46.

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