Zacks Investment Research upgraded shares of Virtual Piggy (VPIG) from N/A to OUTPERFORM on September 17, 2014, with a target price of $2.00.
Virtual Piggy's Oink is an online and mobile payment solution. Management believes it is the only solution that complies with U.S. and international regulations governing online spending by minors, ensuring the security of a child's personal information when making online purchases. Our positive outlook on Virtual Piggy is based on expected benefits to parents, merchants and minors of using Oink and potential upcoming catalysts, including a recently announced partnership with Facebook, integration with key gaming sites and the company's plans to ramp-up its marketing efforts.
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