SilverSun Technologies Inc Gets a Buy Rating from Westpark Capital


Westpark Capital analyst Ishfaque Faruk assigned a Buy rating to SilverSun Technologies Inc (NASDAQ: SSNT) today and set a price target of $7. The company’s shares opened today at $4.19.

Faruk wrote:

“We believe SSNT’s Management is executing very well as demonstrated by the success of the Master value-added (VAR) program which has led to growth in customer base by 25%. We are encouraged by the acquisition as well as the entry into the Cybersecurity space via CyberHat. We maintain our $7 PT on SSNT.”

Faruk has an average return of 3.1% when recommending SilverSun Technologies Inc.

According to TipRanks.com, Faruk is ranked #4610 out of 4799 analysts.

SilverSun Technologies Inc has an analyst consensus of Moderate Buy, with a price target consensus of $7.

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The company has a one-year high of $5.17 and a one-year low of $2.90. Currently, SilverSun Technologies Inc has an average volume of 4,158.

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SilverSun Technologies, Inc. is an application, technology, and consulting company, which engages in provision strategies and solutions in information, technology, and business management needs. It offers solutions for accounting and business management, financial reporting, enterprise resource planning, warehouse management systems, customer relationship management, and business intelligence. The company was founded on October 3, 2002 and is headquartered in Livingston, NJ.

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