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Raymond James announced Redknee Solutions Inc. (TSE:RKN), raising its target price to $1.95 today

In a report announced on 2/9/2017 Raymond James bumped up the target of Redknee Solutions Inc. (TSE:RKN) to $1.95 reporting a potential upside of 0.21%.

On 02/08/2017, RBC Capital Markets reported on Redknee Solutions Inc. (TSE:RKN) increased the target price from $0.00 to $1.75 that suggested an upside of 0.04%.

Only yesterday Redknee Solutions Inc. (TSE:RKN) traded 0.00% even at $1.61. RKN’s 50-day average is $1.64 and its two hundred day average is $1.89. With the last close down -16.24% relative to the two hundred day average, compared to the S&P 500 which has increased 0.06% over the same time. 121,850 shares of RKN traded hands, down from an average trading volume of 133,789

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Redknee Solutions Inc. (TSE:RKN)

With a market capitalization of $0, Redknee Solutions Inc. has 52 week low of $1.33 and a 52 week high of $2.75 .

A total of 7 equity analysts have released a ratings update on RKN. 0 firms rating the stock a strong buy, three analysts rating the company a buy, four analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $1.75.

General Company Details For Redknee Solutions Inc. (TSE:RKN)

Redknee Solutions Inc. is a Canada-based company, which offers real-time monetization and subscriber management software products, solutions and services. The Company's solutions include Redknee Communications Suite, including Revenue Management, fourth generation (4G) Monetization, Cloud Solutions, Marketing Solutions and Customer Experience, and Redknee Connected Suite, including Energy and Utilities, Internet of Things and Retail. Its products include Redknee Unified, Redknee Turnkey Converged Billing (TCB), Redknee Policy Control Server (PCS), Redknee InBill and Redknee Railway. The Company's services include advisory services, learning services, managed services and solutions delivery. The Company's platform supports various market solutions, such as Policy Management, Wholesale Settlement and E-Vouchers. Its revenue and subscriber management platform provides converged billing, charging, policy and customer care solutions to over 250 service providers in over 90 countries.

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