Microvision (MVIS) Receives a Buy from H.C. Wainwright


H.C. Wainwright analyst Kevin Dede reiterated a Buy rating on Microvision (MVIS) today and set a price target of $3.50. The company’s shares closed yesterday at $0.80.

According to TipRanks.com, Dede is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -16.6% and a 27.3% success rate. Dede covers the Consumer Goods sector, focusing on stocks such as Top Image Systems, SuperCom, and Resonant.

Currently, the analyst consensus on Microvision is a Moderate Buy with an average price target 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 581K.

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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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