tiprankstipranks
Trending News
More News >

Magic Software price target raised to $16 from $15 at Barclays

Barclays analyst Tavy Rosner raised the firm’s price target on Magic Software (MGIC) to $16 from $15 and keeps an Overweight rating on the shares. The company reported a solid quarter and improving outlook but the “main event” is the merger proposal with Matrix, the analyst tells investors in a research note.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue