VersaPay (VPY) Given a C$3.50 Price Target at Raymond James Financial

Raymond James Financial set a C$3.50 price target on VersaPay (CVE:VPY) in a report released on Monday morning. The brokerage currently has an outperform rating on the stock.

Shares of VersaPay stock opened at C$2.18 on Monday. VersaPay has a fifty-two week low of C$1.20 and a fifty-two week high of C$2.45.

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VersaPay Company Profile

VersaPay Corporation, a financial technology company, provides cloud-based invoicing, accounts receivable (A/R) management, and payment solutions for businesses in Canada and the United States. The company offers ARC, a business to business solution that delivers capabilities in areas, such as invoice presentment, collaboration and collection, electronic payment, cash application, and A/R insight; PayPort, a cloud-based credit card and electronic funds transfer service; and Gateway that allows third party technology partners to connect to PayPort through a secure application program interface and offer the service as part of their own service offering.

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