Vocera Communications Inc (VCRA) is Reiterated by FBR Capital to Outperform, Raises Price Target to $ 20

Vocera Communications Inc (VCRA) was Reiterated by FBR Capital to “Outperform” according to the research note released today. The brokerage firm has raised the Price Target to $ 20 from a previous price target of $17 . FBR Capital advised their investors in a research report released on Jul 29, 2016.

Many Wall Street Analysts have commented on Vocera Communications Inc. Raymond James Initiated Vocera Communications Inc on Jul 14, 2016 to “Outperform”, Price Target of the shares are set at $16.50.

On the company’s financial health, Vocera Communications Inc reported $0.02 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $-0.02. The company had revenue of $31.10 million for the quarter, compared to analysts expectations of $27.91 million. The company’s revenue was up 22.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.09 EPS.

Vocera Communications Inc closed down -0.02 points or -0.15% at $13.57 with 67,922 shares getting traded on Thursday. Post opening the session at $13.59, the shares hit an intraday low of $13.4101 and an intraday high of $13.81 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

In a different news, on Jul 14, 2016, Jay Spitzen (Counsel, Secretary) sold 1,200 shares at $14.00 per share price. According to the SEC, on Jul 7, 2016, Brent D. Lang (President & CEO) sold 2,000 shares at $13.02 per share price. On May 3, 2016, Paul T Johnson (EVP OF SALES & SERVICES) sold 4,000 shares at $11.76 per share price, according to the Form-4 filing with the securities and exchange commission.

Vocera Communications Inc. is a provider of communication solutions for mobile workers in healthcare hospitality energy education and other industries. The Company’s solutions include the Vocera Communication System Vocera Care Experience Suite and its Experience Innovation Network. Its two operating segments include Product and Service. The Vocera Communication system comprises a software platform that connects communication devices. Vocera Care Experience is a hosted software suite which offers caregivers communication solutions. The experience innovation network is a membership program that partners with healthcare provider organizations. The Company’s services include experience innovation network professional services technical support and Vocera University.

Vocera Communications Inc

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