Eight analysts upgraded their target prices on two Canadian stocks in the past week, giving both more than 65% upside potential.
Wedbush Securities analysts Gerald Pascarelli and Antoine Legault hiked their price target for the stock's U.S.-listed shares to $2.50, giving it an upside of 18%.
Investment banks Beacon Securities and Alliance Global Partners are significantly more bullish on the stock, giving it upside of 110% and 75%, respectively.
VerticleScope reported revenue of $17.9 million, compared to $16.6 million expected by analysts.
However, analysts believe the worst is behind it, as all eight covering the stock raised their price targets after the company's earnings.
Persons:
Gerald Pascarelli, Antoine Legault, Nick Anderson, MKM Roth, Anderson, Canaccord Genuity, Aravinda Galappatthige
Organizations:
CNBC, Cresco Labs, Wedbush Securities, Mar, Investment, Beacon Securities, Alliance Global Partners, Capital Markets, National Bank Financial
Locations:
Mar, U.S