Net Element, Inc. (NASDAQ: NETE) Stock Upgraded to ‘Buy’ Rating by ValuEngine

NETE sales are projected to reach $65 million in 2018, an eight percent jump, per Zacks Small-Cap Research; Zacks cites 10.6 percent sales increase in 2017 to $60.1 million, sees growth in 2019 to $70.8 million SeeThruEquity, LLC analysis reported that NETE’s North America Transactions Solutions business segment grew by 21.3 percent YOY in 2017 Zacks notes that NETE launched Fast Pass Funding, a same-day funding service through its proprietary next generation Netevia multi-channel payments processing platform

Net Element, Inc. (NASDAQ: NETE) has received an upgrade of its stock rating to ‘Buy’ from ValuEngine, a stock valuation and forecasting service (http://nnw.fm/39mgK). A Zacks Small-Cap Research report projects that NETE sales will reach $65 million in 2018, then $70.8 million by 2019 (http://nnw.fm/eK1a8).

A SeeThruEquity update found that the company’s balance sheet in full year 2017 was “significantly improved.” It reported that the $7.55 million raised during 4Q2017 was characterized by…

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