- Considering Rambus a near-term long prospect, analyst Paul Coster suggests 8.5% share price decline since Q1 2017 reporting in late January represents an acquiring opportunity, with some downside protection from Rambus' licensing business and upside potential given data center/cloud service and mobile-edge technologies investments.
- Price target $14.50. Rambus (NASDAQ:RMBS) $12.98, +1.41% pre-market.
- Yesterday (March 6, 2017): Rambus, Western Digital enter wide-ranging patent license agreement