HC Wainwright & Co. Maintains Neutral on Versus Systems, Lowers Price Target to $1.5
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. has maintained a Neutral rating on Versus Systems (NASDAQ:VS) while lowering the price target from $2 to $1.5. This suggests a cautious outlook on the stock's potential performance.
August 27, 2024 | 10:11 am
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HC Wainwright & Co. has maintained a Neutral rating on Versus Systems and lowered the price target from $2 to $1.5, indicating a cautious outlook.
The lowering of the price target from $2 to $1.5 by HC Wainwright & Co. suggests a less optimistic view on Versus Systems' short-term performance. The Neutral rating indicates that the analyst does not expect significant positive movement in the stock price, which could lead to a negative short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100