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

May 14, 2012 9:25 AM EDT
Get Alerts VELT Hot Sheet
Price: $0.06 --0%

Rating Summary:
    3 Buy, 7 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 30 | Down: 30 | New: 23
Trade VELT Now!
Join SI Premium – FREE
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.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst EPS View

Add Your Comment