Eight Capital launches coverage of Wishpond Technologies with a “Buy”
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Strong organic growth prospects and an accretive M&A agenda are a winning combination for Wishpond Technologies (Wishpond Technologies Stock Quote, Chart, News, Analysts, Financials TSXV:WISH), according to Eight Capital analyst Christian Sgro, who initiated coverage of the stock on Tuesday with a “Buy” rating and $2.50 target price.
Vancouver-based Wishpond is a provider of SaaS-based digital marketing solutions, with an all-in-one suite of services covering marketing, promotion, lead generation and sales conversion and geared at the small- to medium-sized business (SMB) crowd. Founded in 2009, Wishpond made its public debut on the Venture Exchange on December 11, 2020, and is currently up about 53 per cent.