Synacor (SYNC +16.3%) soars after its IPO underwriters launch coverage with bullish ratings....

|About: Synacor (SYNC)|By:, SA News Editor

Synacor (SYNC +16.3%) soars after its IPO underwriters launch coverage with bullish ratings. Citi claims the provider of online video software for ISPs is well-protected from technology risk due to strong customer loyalty, and the rollout of TV Everywhere and mobile streaming initiatives. Oppenheimer argues the addition of new customers such as Toshiba and Verizon will drive near-term growth. (last week)