H.C. Wainwright raised the firm’s price target on Versus Systems (VS) to $3 from $1.50 and keeps a Neutral rating on the shares. The company’s licensing agreement with Aspis Cyber Technologies is a positive step, but additional revenue is required to move he business toward profitability, the analyst tells investors in a research note.
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Read More on VS:
- 3 Penny Stocks to Watch Now, 10/17/24
- Versus Systems enters funding, technology licensing agreement with Aspis
- Versus Systems Faces NASDAQ Compliance Challenge
- Versus Systems receives Nasdaq notification over holders’ equity deficiency
- Versus Systems price target lowered to $1.50 from $2 at H.C. Wainwright