Stock Watch: Piper Jaffray Recommendation Brings Gains to ‘Vicinity’

Vicinity Corp. (Nasdaq: VCNT) rose 12.375 to 23 3/8 Monday after U.S. Bancorp Piper Jaffray analyst Safa Ratschy began coverage of the stock with a “strong buy” rating.

“The company should be considered a top Internet holding in the fast-growing e-marketing and ‘click-and-mortar’ space, wrote Ratschy in a report. As the company announces more clients and boosts its market share, the stock should continue to rise, he said.

Leave a Comment

Please sign in to post or reply to a comment. New users create a free account.

LinuxInsider Channels