NQ Mobile – $44 Price Target = 300% Upside From Here

NQ Mobile (NQ) is a rapidly growing global mobile platform company (2013 revenue growth over 100% y/y) trading at an ultra-depressed valuation. NQ closed at $10.98 on July 19, 2013. My price target is $44.00. I know that such a large gap between NQ’s current trading level and my price target will be met with skepticism. Frankly, I was skeptical too as I was performing my due diligence and analysis. [Read on here]