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Stock impact report

B.Riley Initiates ‘Buy' rating on OneSpan Inc. (OSPN) on Strong Solutions Demand [Yahoo! Finance]

OneSpan Inc. (OSPN) 
Last onespan inc. earnings: 3/3 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
at B.Riley initiated coverage of the stock with a ‘Buy' rating and a $23 price target. B.Riley Initiates ‘Buy' rating on OneSpan Inc. (OSPN) on Strong Solutions Demand In its research note, B.Riley notes that the company's competitive edge in the cybersecurity space stems from its robust blue-chip customer base. Additionally, OneSpan is experiencing strong demand for its authentication services, which are expected to continue growing as AI adoption intensifies. The company's eSignature technology also presents another growth opportunity owing to its high-end security capabilities. Consequently, the solution is expected to continue eliciting strong demand in the financial sector, as it meets stringent compliance standards. While the stock has shed nearly 20% in market value year to date, B.Riley views the company as a fundamentally attractive investment. OneSpan Inc. (NASDAQ:OSPN) is a cybersecurity company that offers a broad range of digital identity, transaction, and mobile Show less Read more
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