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Analysts Offer Insights on Industrial Goods Companies: Iveda Solutions (IVDA) and FlexShopper (FPAY)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Iveda Solutions (IVDAResearch Report) and FlexShopper (FPAYResearch Report) with bullish sentiments.

Iveda Solutions (IVDA)

Maxim Group analyst Allen Klee reiterated a Buy rating on Iveda Solutions yesterday and set a price target of $1.50. The company’s shares closed last Thursday at $0.81.

According to TipRanks.com, Klee ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -18.3% and a 26.0% success rate. Klee covers the Technology sector, focusing on stocks such as Interlink Electronics, Research Solutions, and Mitek Systems.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Iveda Solutions with a $1.50 average price target.

See today’s best-performing stocks on TipRanks >>

FlexShopper (FPAY)

FlexShopper received a Buy rating and a $2.00 price target from Maxim Group analyst Michael Diana yesterday. The company’s shares closed last Thursday at $1.36.

According to TipRanks.com, Diana is a 5-star analyst with an average return of 15.5% and a 55.5% success rate. Diana covers the Financial sector, focusing on stocks such as First Savings Financial Group, Westamerica Bancorporation, and Cullen/Frost Bankers.

Currently, the analyst consensus on FlexShopper is a Moderate Buy with an average price target of $2.25, a 66.7% upside from current levels. In a report issued on April 3, H.C. Wainwright also reiterated a Buy rating on the stock with a $2.50 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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