Plantronics could jump as products gain-Barron's
NEW YORK, July 26 |
NEW YORK, July 26 (Reuters) - Plantronics Inc (PLT.N) share prices could surge as much as 50 percent as wireless earpieces make the move indoors and into offices, Barron's reported.
The California-based maker of wireless ear units is seeing the market for its product expand, potentially pushing its shares to around $30, up from $20, Barron's said.
"The big driver will be investors realization that a sea change is coming to the office over the next five years," Barron's said. "Instead of picking up a phone and dialing a number, you will simply slide a cursor over a contact's name on your computer screen." (Reporting by Steve Eder; Editing by Christian Wiessner)
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