Versus Systems price target lowered to $2 from $2.50 at H.C. Wainwright

H.C. Wainwright lowered the firm’s price target on Versus Systems to $2 from $2.50 and keeps a Neutral rating on the shares. The analyst says there is “little to like” in the company’s Q4 report. Versus’ 2023 revenue was down on customer defections, but there is still value in its underlying technology, the analyst tells investors in a research note.