Vringo (VRNG) has its price target upped to $10 from $6.50 at Maxim Group following last week's...

|By:, SA News Editor

Vringo (VRNG) has its price target upped to $10 from $6.50 at Maxim Group following last week's legal victory against Google. "The company now has about $50M in cash and is well-positioned to enter negotiations with Google," writes Maxim (via Notable Calls). Shares +7.7% premarket.