H.C. Wainwright Sticks to Its Buy Rating for Microvision (MVIS)


In a report released today, Kevin Dede from H.C. Wainwright reiterated a Buy rating on Microvision (MVIS), with a price target of $3.50. The company’s shares closed yesterday at $1.13.

According to TipRanks.com, Dede ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -10.2% and a 39.3% success rate. Dede covers the Consumer Goods sector, focusing on stocks such as Top Image Systems, SuperCom, and Resonant.

Microvision has an analyst consensus of Moderate Buy, with a price target consensus of $2.63.

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The company has a one-year high of $1.80 and a one-year low of $0.51. Currently, Microvision has an average volume of 510.8K.

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MicroVision, Inc. engages in the development of laser beam scanning technology. It offers its product under the PicoP brand. PicoP offers Pico projection or interactive Pico projection; three-dimensional sensing for automotive and industrial applications; augmented or virtual reality; and head up displays for automobiles.

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