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Williams Capital recorded Silver Spring Networks (NYSE:SSNI), boosting its price target to $18.00 earlier today

Williams Capital upped the price target of Silver Spring Networks (NYSE:SSNI) to $18.00 indicating a possible upside of 0.22%.

Previously on 2/09/2016, Wunderlich released a statement about Silver Spring Networks (NYSE:SSNI) reduced the target price from $18.00 to $16.00 that suggested an upside of 0.48%.

Showing a price of $14.70, Silver Spring Networks (NYSE:SSNI) traded -0.41% lower on the day. The last stock price close is up 10.59% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. The company has recorded a 50-day moving average of $14.01 and a 200-day moving average of $13.24. 31,129 shares of Silver Spring Networks exchanged hands, down from an avg. volume of 188,378

Recent Performance Chart

Silver Spring Networks (NYSE:SSNI)

Silver Spring Networks has a 52 week low of $9.55 and a 52 week high of $16.18 with a P/E ratio of 13.90 The company’s market capitalization is presently $0.

A total of 11 brokers have issued a research note on Silver Spring Networks. Three analysts rating the stock a strong buy, 4 firms rating the stock a buy, 4 equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $15.32.

General Information About Silver Spring Networks (NYSE:SSNI)

Silver Spring Networks, Inc. is engaged in creating, building and deploying networks and solutions enabling the Internet of things (IoT) for critical infrastructure. The Company provides a networking platform and solutions that enable utilities to transform the power grid infrastructure into the smart grid. Its networking platform enables customers to communicate with devices connected to the power grid. Its networking platform comprises hardware, such as access points and relays; its SilverLinkOS network operating software, and its GridScape management and security software. It offers solutions built upon SilverLink Network and Data platforms, including advanced metering, distribution automation, demand-side management, street lights and wireless Internet protocol version 6 (IPv6) network service for the IoT, Starfish. It also offers professional services to design and optimization, deployment support, software and systems integration, program management and consulting services.

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