Canaccord Genuity Maintains a 'Buy' on Velti (VELT) Ahead of Q1 Report
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Price: $2.01 -1.47%
Rating Summary:
3 Buy, 8 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 16 | New: 13
Rating Summary:
3 Buy, 8 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 16 | New: 13
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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, with a 52 week range of $6.04-$20.00.
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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, with a 52 week range of $6.04-$20.00.
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