Soliton – Consensus Indicates Potential 91.2% Upside

Broker Ratings
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Soliton found using ticker (SOLY) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 22 and 12 calculating the average target price we see 16. With the stocks previous close at 8.37 this is indicating there is a potential upside of 91.2%. The 50 day MA is 8.4 while the 200 day moving average is 8.22. The market capitalisation for the company is $177m. Company Website: http://www.soliton.com

The potential market cap would be $338m based on the market concensus.

Soliton, a medical device company, develops and commercializes products using a proprietary rapid acoustic pulse technology platform. The company offers product for the removal of tattoos. It also develops product for cellulite reduction, fibrotic scar treatment, and other indications. The company was founded in 2012 and is based in Houston, Texas.

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