Why Vertex Stock Zoomed Almost 6% Higher on Thursday

Investors were snapping up shares of fintech stock Vertex (NASDAQ: VERX) on Thursday. That followed a rather glowing research update from an analyst at a prominent investment bank. With that in its favor, Vertex closed the trading day nearly 6% higher in price. Well before market open, Goldman Sachs prognosticator Adam Hotchkiss published his new take on Vertex stock. He reiterated his buy recommendation on the company's equity and the existing $23 per share price target. That's almost 80% higher than the stock's most recent closing price. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool