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Fly News Breaks for March 2, 2020
VCRA
Mar 2, 2020 | 08:40 EDT
Guggenheim analyst Vikram Kesavabhotla raised the firm's price target on Vocera to $29 from $27 and keeps a Buy rating on the shares following recent meetings with management. While recent strength is encouraging, he thinks investor sentiment around the shares "still carries a high level of skepticism around the company's ability to execute," although he also believes Vocera is well positioned to execute against its guidance and investor expectations in 2020, the analyst tells investors.
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