Internet Capital Group Inc. (ICGE) Message Board

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Technology Stocks : Internet Capital Group Inc. (ICGE)

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From: bob zagorin	6/12/2007 11:35:56 AM
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Internet Capital "market outperform" Tuesday, June 12, 2007 8:40:00 AM ET Boenning & Scattergood NEW YORK, June 12 (newratings.com) - Analysts at Boenning & Scattergood maintain their "market outperform" rating on Internet Capital Group Inc (ticker: ICGE). The 12-month target price is set to $15. In a research note published this morning, the analysts mention that the company has announced the sale of its portfolio company Marketron International to The Wicks Group. The cash proceeds of approximately $36.7 million are significantly higher than expected, the analysts say. Internet Capital’s portfolio continues to gain value, Boenning & Scattergood adds.

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