Wunderlich Reiterates Buy on Vocus
Wunderlich is out with its report today on Vocus (NASDAQ: VOCS), reiterating Buy.
In its report, Wunderlich writes, "Vocus, Inc. announced solid 3Q11 results after the close yesterday, with in-line revenues supporting narrow upside to EPS results on solid expense controls. We reiterate our Buy rating and $38.00 price target on VOCS shares and would advocate building positions on current weakness based upon continued record top- and bottom-line metrics in 4Q11 and the rollout of the company's new SMB-targeted Marketing Suite."
At the time of posting, shares of VOCS were trading at $18.35, up 0.44% from Tuesday's close.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.