Wishpond has a 54% upside, Beacon Securities says

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There’s no rest for the ambitious and that includes Wishpond Technologies (Wishpond Technologies Stock Quote, Chart, News, Analysts, Financials TSXV:WISH), says Beacon Securities analyst Gabriel Leung, who reviewed the company’s latest acquisition in a client update on Wednesday. SaaS-based marketing solutions company Wishpond Technologies on Tuesday announced an arm’s length letter of intent to buy San Mateo, California-based PersistIQ, a sales engagement technology company whose software helps shorten the sales cycle, enables enterprises to personalize each campaign and makes sales teams more effective by allowing them to launch personalized campaigns quickly. The company has a current customer base of about 780 small-to-medium-sized businesses and had about US$1.1 million in revenues in 2020 with EBITDA margins of 20 per cent…   Read the full  article here

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