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Fly News Breaks for November 27, 2017
VCRA
Nov 27, 2017 | 09:22 EDT
Craig-Hallum analyst Matt Hewitt notes that despite posting another beat and raise performance in Q3, Vocera stock has been under pressure down. The analyst views this weakness as unwarranted and encourage investors to buy on the dip, and believes that the combination of sustainable mid-teens revenue growth, increasing profitability, and track record of execution make the stock a compelling Buy at these levels. He reiterates a Buy and $36 price target on the shares.
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