Netlist case against Samsung boosted by filing, says Roth Capital

Roth Capital believes Netlist’s (NLST) International Trade Commission case against Samsung will be boosted by the filing of a joint public interest comment from Department of Justice and United States Patent and Trademark Office focusing on domestic patent protection from foreign company infringement. In addition, the “streamlined” ITC proceeding timeline further increases the chances of a favorable licensing settlement, the analyst tells investors in a research note. Roth keeps a Buy rating on Netlist with a $2 price target The stock in afternoon trading is up 13%, or 8c, to 71c.