Interdigital - Smartphone and IoT Boom Create Strong Prospects!
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Business Driver: Interdigital (IDCC) specializes in the development and licensing of technologies for wireless communication and video. With new partnerships with customers like VIVO and HP, the licensing business has been able to expand further, driving the business forward. On September 12, Roth Capital confirmed a "Buy" rating and raised the price target from $270 to $350.
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