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Scotia Capital recorded Sandvine Corporation (TSE:SVC), stepping up its target to $4.15 earlier today

Boasting a price of $4.26, Sandvine Corporation (TSE:SVC) traded 0.00% even on the day. With the last stock price close up 27.01% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the date range. Sandvine Corporation has recorded a 50-day average of $4.32 and a two hundred day average of $3.45. Volume of trade was down over the average, with 97,241 shares of SVC changing hands under the typical 1,154,880

Scotia Capital bumped up the target of Sandvine Corporation (TSE:SVC) to $4.15 stating a potential downside of -0.03%.

On 6/29/2017, RBC Capital Markets released a statement for Sandvine Corporation (TSE:SVC) bumped down the target price from $4.50 to $4.15 that suggested a downside of -0.02%.

Performance Chart

Sandvine Corporation (TSE:SVC)

With a total market value of $0, Sandvine Corporation has price-earnings ratio of 69.52 with a one year low of $2.45 and a one year high of $4.53 .

A total of 9 equity analysts have released a ratings update on SVC. Two equity analysts rating the company a strong buy, three equity analysts rating the company a buy, five equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $2.41.

Brief Synopsis About Sandvine Corporation (TSE:SVC)

Sandvine Corporation is engaged in research, design, manufacturing and sale of network policy control solutions for communications service providers. The Company offers various solutions, including business intelligence, traffic optimization, cyber security, subscriber engagement, subscriber services and business services. Its products include Network Analytics, Network Demographics, Traffic Management, Transmission Control Protocol (TCP) Accelerator, Network Security, OutReach, Usage Management, Cloud Services Policy Controller and Traffic Steering Engine. Its Network Security product delivers carrier-grade protection of subscribers and network resources. Its OutReach provides fixed, mobile and converged access communications service providers (CSPs) with a product to build, execute and manage multi-channel subscriber engagement initiatives. The Company operates in Canada; the United States; Caribbean and Latin America; Europe, the Middle East and Africa, and Asia Pacific.

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