Alliance Global Partners lowered the firm’s price target on VIQ Solutions to 50c from $1.25 and keeps a Buy rating on the shares. The lower target reflects reduced revenue estimates and the dilution from a capital raise that the firm predicts will occur in the next 12 months.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on VQS:
