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Research analysts at M Partners began coverage on shares of Sandvine Corp (NASDAQ:SNVNF) in a report released on Wednesday. The firm set a “buy” rating and a C$4.50 price target on the stock.

Shares of Sandvine Corp (NASDAQ:SNVNF) traded up 1.47% on Wednesday, hitting $3.0441. 34,125 shares of the company’s stock traded hands. Sandvine Corp has a 52-week low of $1.80 and a 52-week high of $3.61. The stock has a 50-day moving average of $3.17 and a 200-day moving average of $3.16. The company has a market cap of $457.3 million and a P/E ratio of 19.74.

Separately, analysts at RBC Capital upgraded shares of Sandvine Corp from a “sector perform” rating to an “outperform” rating in a research note on Friday, July 11th. They now have a C$4.60 price target on the stock, up previously from C$4.00.

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