H.C. Wainwright analyst Scott Buck raised the firm’s price target on WidePoint (WYY) to $9 from $7 and keeps a Buy rating on the shares. The company’s $40.0M to $45.0M contract to deliver the FedRAMP-Authorized ITMS command center platform for a leading global telecom carrier should be margin-accretive, the analyst tells investors in a research note.
Claim 30% 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>>
Read More on WYY:
