When searching for a new position to get in early on, a lack of Wall Street coverage and analyst excitement can be a good thing. After all, too much hype can quickly result in a stock becoming overvalued, leading to a potential loss.
Not long after a Wall Street analyst increased their price target by a significant amount and retained a ‘buy' recommendation, the stocks of independent software vendor for specialty SaaS solutions AvePoint (NASDAQ: AVPT) have skyrocketed to the highest level in 12 months.
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