H.C. Wainwright raised the firm’s price target on Versus Systems to $2 from $1.50 and keeps a Neutral rating on the shares. The analyst says leadership changes could serve as a potential catalyst for the shares. However, the firm remains on the sidelines pending greater clarity on the near-term revenue opportunity before becoming more constructive on the shares.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VS:
- Versus Systems Announces Major Executive Leadership Changes
- Versus Systems Announces Strategic Restructuring, New Interim CEO, and Key Investor Engagement
- Versus Systems announces resignation of CEO Matthew Pierce, CFO Craig Finster
- Versus Systems Cancels Key Shareholder Meeting
- Versus Systems board cancels special meeting scheduled for May 30