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Analysts Offer Insights on Technology Companies: Versus Systems (VS) and Canaan (CAN)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Versus Systems (VSResearch Report) and Canaan (CANResearch Report) with bullish sentiments.

Versus Systems (VS)

H.C. Wainwright analyst Scott Buck reiterated a Buy rating on Versus Systems today and set a price target of $1.50. The company’s shares closed last Thursday at $0.39, close to its 52-week low of $0.35.

According to TipRanks.com, Buck is a 1-star analyst with an average return of -0.9% and a 37.3% success rate. Buck covers the Technology sector, focusing on stocks such as Enthusiast Gaming Holdings, Sigma Additive Solutions, and Intellicheck Mobilisia.

Versus Systems has an analyst consensus of Moderate Buy, with a price target consensus of $1.50.

See the top stocks recommended by analysts >>

Canaan (CAN)

In a report released today, Kevin Dede from H.C. Wainwright reiterated a Buy rating on Canaan, with a price target of $5.00. The company’s shares closed last Thursday at $3.94, close to its 52-week low of $2.56.

According to TipRanks.com, Dede has 0 stars on 0-5 stars ranking scale with an average return of -5.7% and a 32.3% success rate. Dede covers the Technology sector, focusing on stocks such as HIVE Blockchain Technologies, Marathon Digital Holdings, and Voyager Digital (Canada).

Canaan has an analyst consensus of Strong Buy, with a price target consensus of $7.33.

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