Wishpond wins bullish new $3.00 target at Beacon Securities

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Wishpond Technologies (Wishpond Technologies Stock Quote, Chart, News, Analysts: TSXV:WISH) has gone nowhere but up since its debut earlier this month but there should be more where that came, says Beacon Securities analyst Gabriel Leung, who likes the company’s new acquisition in the digital marketing services space. Leung delivered a corporate update to clients on Wednesday where he reasserted his “Buy” rating and raised his price target from $2.50 to $3.00, which at press time represented a projected one-year return of 81 per cent.

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