Canaccord Genuity Maintains a 'Buy' on Velti (VELT) Ahead of Q1 Report

Canaccord Genuity maintains a 'Buy' on Velti (NASDAQ: VELT) price target of $21.00.

Analyst, Jeff Rath, said, "We continue to believe that Velti remains well positioned in a strong macro and that company-specific issues are being addressed effectively...We believe that Velti has excellent visibility and a strong track record for managing investor expectations...We believe Velti remains well positioned in a very strong macro."

For an analyst ratings summary and ratings history on Velti click here. For more ratings news on Velti click here.

Shares of Velti closed at $9.10 yesterday.

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