Zacks Investment Research upgraded shares of Wandisco Plc (NASDAQ:WANSF) from a hold rating to a buy rating in a research note published on Friday. Zacks Investment Research currently has $12.00 target price on the stock.

According to Zacks, “WANdisco plc involved in the development and provision of collaboration software. The Company offers active data replication which enables data editing to the cloud and on-premises data centers as well as provides data migration, disaster recovery and hybrid cloud solutions. It also offers cloud services, such as Amazon S3 active migrator, Google cloud active migrator, and Fusion hybrid cloud services as well as provides software maintenance services. WANdisco plc is based in Sheffield, the United Kingdom. “

Shares of Wandisco Plc (NASDAQ:WANSF) traded down 1.89% during trading on Friday, reaching $10.40. The company had a trading volume of 10,000 shares. The stock has a 50 day moving average price of $9.53 and a 200 day moving average price of $7.11. Wandisco Plc has a 12 month low of $1.75 and a 12 month high of $10.75. The firm’s market capitalization is $388.12 million.

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