WageWorks (WAGE, $29.69) got upgraded to "outperform" from "market perform" by Wells Fargo analyst
WageWorks got a ratings upgrade to "outperform" from "market perform" by Wells Fargo analyst Jamie Stockton on Friday. The analyst set a new price target of $45 a share – around +52% higher compared to the consumer directed benefits/tax benefits-management firm’s current stock price.
Wells Fargo’s upgrade on WageWorks comes a month after Zacks Investment Research upped its rating on the stock to "hold". Although SunTrust Banks analyst Tobey Sommer cut his target price to $50 a share for WageWorks in February, he maintained his "buy" rating on the stock.
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Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
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a provider of pre-tax benefits to employers and employees
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