Wells Fargo & Company Issues Positive Forecast for Versigent (NYSE:VGNT) Stock Price

Versigent (NYSE:VGNT) had its target price boosted by Wells Fargo & Company from $35.00 to $42.00 in a research report released on Wednesday,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the stock.

Several other equities research analysts have also commented on VGNT. UBS Group started coverage on shares of Versigent in a research report on Tuesday, April 14th. They set a “buy” rating and a $43.00 target price on the stock. Fox Advisors upgraded shares of Versigent to a “strong-buy” rating in a research report on Tuesday, April 7th. Deutsche Bank Aktiengesellschaft started coverage on shares of Versigent in a research report on Tuesday, April 28th. They set a “hold” rating and a $35.00 target price on the stock. Zacks Research upgraded shares of Versigent to a “hold” rating in a research report on Thursday, April 16th. Finally, TD Cowen started coverage on shares of Versigent in a research report on Tuesday, April 14th. They set a “buy” rating and a $47.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $44.00.

Versigent Price Performance

NYSE:VGNT opened at $41.71 on Wednesday. Versigent has a 1-year low of $26.34 and a 1-year high of $42.46.

Versigent (NYSE:VGNT) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $999.00 earnings per share for the quarter.