Versus Systems price target raised to $2 from $1.50 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on Versus Systems to $2 from $1.50 and keeps a Neutral rating on the shares. The analyst says leadership changes could serve as a potential catalyst for the shares. However, the firm remains on the sidelines pending greater clarity on the near-term revenue opportunity before becoming more constructive on the shares.