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Gilford Securities on 11 Sep 12In a recent note released earlier today, Gilford Securities reiterated its Buy rating and $65 price target on VirnetX HoldingCorporation (NYSE: VHC) following a series of concerns expressed in media. Among several topics, Gilford Securities addressed concerns surrounding recent ITC filings and a...
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Gilford Securities on 09 Oct 12Gilford Securities was founded in New York City in 1979 with an unwavering customer-first commitment. That commitment has led to enduring customer relationships and a branch network that has expanded across the country.
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Gilford Securities on 22 Nov 12Gilford Securities commented, "In our estimation, if the dividend is reset at approximately $0.37-$0.40 per share, the current yield of HRZN would still be a very competitive $10%-10.8%. Thus we now believe that the shares have 10% income potential and 10% capital gains potential given our $16.25 per share price target. This warrants raising the rating from Hold to a Buy Rating. As investors can see in the chart below, investing in HRZN at a 10% discount to NAV has been rewarding over the long term."