Robert W. Baird Increases Vocera Communications Price Target to $17.00 (VCRA)
Robert W. Baird lifted their price target on shares of Vocera Communications (NASDAQ:VCRA) from $14.00 to $17.00 in a research note issued on Tuesday, StockRatingsNetwork reports. The firm currently has a “neutral” rating on the stock. Robert W. Baird’s price target would indicate a potential downside of 5.29% from the company’s current price.
Separately, analysts at Wells Fargo & Co. upgraded shares of Vocera Communications from a “market perform” rating to an “outperform” rating in a research note to investors on Tuesday, August 6th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Vocera Communications currently has a consensus rating of “Hold” and a consensus target price of $15.85.
Shares of Vocera Communications (NASDAQ:VCRA) traded up 0.90% on Tuesday, hitting $17.95. The stock had a trading volume of 129,303 shares. Vocera Communications has a one year low of $11.99 and a one year high of $32.97. The stock has a 50-day moving average of $16.41 and a 200-day moving average of $17.70. The company’s market cap is $443.4 million.
Vocera Communications (NASDAQ:VCRA) last issued its quarterly earnings data on Monday, August 5th. The company reported $0.01 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.03) by $0.04. The company had revenue of $25.30 million for the quarter, compared to the consensus estimate of $24.16 million. During the same quarter in the prior year, the company posted $0.09 earnings per share. The company’s quarterly revenue was up 1.6% on a year-over-year basis. On average, analysts predict that Vocera Communications will post $-0.01 earnings per share for the current fiscal year.
Vocera Communications, Inc (NASDAQ:VCRA) is a provider of mobile communication solutions.
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