VirnetX (VHC) Shares Surge Following Craig-Hallum's New Buy Rating, $50 Target
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Price: $15.72 +7.16%
Rating Summary:
3 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 19 | New: 8
Rating Summary:
3 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 19 | New: 8
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Shares of VirnetX Holding (AMEX: VHC) are spiking sharply in mid-day trade as Craig-Hallum just initiated coverage on the stock with a Buy rating and $50 price target.
VirnetX shares are now up about 9 percent to $21.38. The stock is likely jumping so strongly on the new coverage as Craig-Hallum is now only the second analyst firm to cover the stock.
The firm's new price target suggests potential upside of about 155 percent from VirnetX's closing price on Friday.
For more ratings news on VirnetX Holding click here and for the rating history of VirnetX Holding click here.
VirnetX shares are now up about 9 percent to $21.38. The stock is likely jumping so strongly on the new coverage as Craig-Hallum is now only the second analyst firm to cover the stock.
The firm's new price target suggests potential upside of about 155 percent from VirnetX's closing price on Friday.
For more ratings news on VirnetX Holding click here and for the rating history of VirnetX Holding click here.
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