Mavenir +6.2% on BofA/Merrill launch

|About: Mavenir Systems (MVNR)|By:, SA News Editor

BofA/Merrill's Tal Liani has launched coverage on Mavenir (MVNR) with a Buy and $19 target.

Liani predicts shares will get a 2H14 lift from the rollout of VoLTE and other services. He also praises the mobile infrastructure software provider's leverage to 4G subscriber growth.