Canaccord Raises CloudMD Price Target To $2.50 Following Financing

Yesterday, CloudMD Software & Services (TSXV: DOC) closed a $20.79 million financing lead by Canaccord Genuity and Beacon Securities. The financing saw 15.065 million shares issued at a price of $1.38 each. The deal was oversubscribed, with underwriters taking the full over-allotment option. On the back of CloudMD closing their financing, Canaccord’s analyst Doug Taylor … Continue reading Canaccord Raises CloudMD Price Target To $2.50 Following Financing