Barrington Research Maintains Outperform on VerifyMe, Raises Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Barrington Research analyst Michael Petusky maintains an Outperform rating on VerifyMe (NASDAQ:VRME) and raises the price target from $1.7 to $2.
May 15, 2024 | 3:15 pm
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Barrington Research has maintained its Outperform rating on VerifyMe and increased the price target from $1.7 to $2, indicating confidence in the company's future performance.
The increase in price target from $1.7 to $2 by Barrington Research, along with the maintained Outperform rating, suggests a positive outlook for VerifyMe. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100