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Fly News Breaks for April 26, 2019
VCRA
Apr 26, 2019 | 05:10 EDT
Vocera Communications last night delivered "strong" bookings despite expected deferments of Smartbadge sales, Piper Jaffray analyst Sean Wieland tells investors in a post-earnings research note. This positions the company well for accelerating growth in the second half of 2019 when the Smartbadge begins to ship in earnest, the federal business accelerates, and Nordstrom completes its implementation, says Wieland. He reiterates an Overweight rating on the shares with a $40 price target.
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