Upside Target Met In VeriSign, Inc. (VRSN)
Posted on: Wednesday, October 11th, 2017
VeriSign, Inc. (VRSN) met our $110.00 per share upside target today, first mentioned in our April 5th Asbury Alert entitled VeriSign, Inc. (VRSN) Resuming 2009 Advance (access requires subscription), to capture a $21.27 per share, 24.0% advance in a little over 6 months.
XLI outperformed the S&P 500 (SPX) by 15.7% during this same period.
Note that price targets being met do not necessarily mean that the directional move is over — only that our initial expectations have been met.
Here is the chart that appeared in our April 5th report.
VRSN Weekly: 2015 to April 5th
Here is the updated version of that chart through midday today.
VRSN Weekly: 2015 to October 9th
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