HC Wainwright & Co. Maintains Neutral on Versus Systems, Adjusts Price Target To $2
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Scott Buck maintains a Neutral rating on Versus Systems (NASDAQ:VS), adjusting the price target to $2 from $0.5.
February 08, 2024 | 11:39 am
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Versus Systems' price target has been raised to $2 from $0.5 by HC Wainwright & Co., while maintaining a Neutral rating.
The significant increase in the price target from $0.5 to $2 by a reputable analyst firm like HC Wainwright & Co. could lead to increased investor confidence and potential short-term price appreciation for Versus Systems. However, the Neutral rating suggests that the firm sees limited upside beyond the new target price, or potential risks that could cap gains.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90