Vocera Receives a Buy from Piper Jaffray


Piper Jaffray analyst Sean Wieland maintained a Buy rating on Vocera (NYSE: VCRA) today and set a price target of $36. The company’s shares opened today at $32.67, close to its 52-week high of $33.17.

According to TipRanks.com, Wieland is a top 100 analyst with an average return of 28.9% and a 75.3% success rate. Wieland covers the Technology sector, focusing on stocks such as Tabula Rasa HealthCare, Medidata Solutions, and Quality Systems.

Currently, the analyst consensus on Vocera is a Strong Buy with an average price target of $36, a 10.2% upside from current levels. In a report released yesterday, Cantor Fitzgerald also reiterated a Buy rating on the stock with a $36 price target.

.

See today’s analyst top recommended stocks >>

The company has a one-year high of $33.17 and a one-year low of $22.43. Currently, Vocera has an average volume of 307.7K.

Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of VCRA in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Vocera Communications, Inc. engages in the provision of secure, integrated, intelligent communication and workflow solutions. The firm is focused on empowering mobile workers in healthcare, hospitality, energy, and other mission critical mobile work environments in the United States and internationally. It operates through Product, and Service segments.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts