Gilford Securities Initiates Coverage on VirnetX Holding Corp (VHC)
Equities researchers at Gilford Securities began coverage on shares of VirnetX Holding Corp (NYSE: VHC) in a report issued on Tuesday. The firm set a “buy” rating and a $65.00 price target on the stock.
VirnetX Holding Corp traded up 3.24% on Tuesday, hitting $34.4703. VirnetX Holding Corp has a 1-year low of $11.02 and a 1-year high of $41.77. The company’s market cap is $1.753 billion.
VirnetX Holding Corporation is engaged in developing and commercializing software and technology solutions for securing real-time communications over the Internet.