Zacks Investment Research upgraded shares of Finjan Holdings (FNJN) from N/A to OUTPERFORM on September 16, 2014, with a target price of $5.80.
Finjan Holdings, Inc. is an entity that was created last year to enforce the patents of Finjan Inc., a former cybersecurity vendor from Israel founded in 1997. This new company is pursuing licensing arrangements and/or suing current vendors of cybersecurity hardware and software products it believes infringe upon its patents. The former company was a pioneer in a number of foundational attack prevention technologies such as anti-malware and sandboxing. We believe the company could begin to generate revenues by the end of the year either through a new licensing arrangement, or settlement of one or more of its current lawsuits.
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