Wishpond Technologies on pace to deliver organic revenue growth, says Beacon Securities analysts

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The research firm shared that Wishpond’s CEO Ali Tajskandar acquired about 82,200 shares of his company on the open market

Wishpond Technologies Ltd is on pace to deliver strong organic revenue growth over the coming quarters, supported by its positive fundamentals, according to analysts at research firm Beacon Securities Ltd.

Beacon analysts reiterated their ‘Buy’ rating and $3.75 target price on Wishpond stock, which is based on 10 times in 2022 enterprise value to sales. The digital marketing company is expected to earn a revenue of $3.77 million, acting as the next catalyst for 3Q 2021 results…