Wandisco Plc (NASDAQ:WANSF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Saturday. The firm presently has a $11.00 price objective on the stock. Zacks Investment Research‘s price target indicates a potential upside of 17.15% from the stock’s previous close.

According to Zacks, “WANdisco plc involved in the development and provision of collaboration software. The Company offers active data replication which enables data editing to the cloud and on-premises data centers as well as provides data migration, disaster recovery and hybrid cloud solutions. It also offers cloud services, such as Amazon S3 active migrator, Google cloud active migrator, and Fusion hybrid cloud services as well as provides software maintenance services. WANdisco plc is based in Sheffield, the United Kingdom. “

Wandisco Plc (NASDAQ:WANSF) traded down 6.57% on Friday, reaching $9.39. 500 shares of the company’s stock were exchanged. The firm’s 50-day moving average is $9.63 and its 200-day moving average is $6.79. The firm’s market cap is $348.06 million. Wandisco Plc has a 12 month low of $1.75 and a 12 month high of $10.05.

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