Piper Sandler Maintains Neutral on EverCommerce, Raises Price Target to $11
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Clarke Jeffries maintains a Neutral rating on EverCommerce (NASDAQ:EVCM) and raises the price target from $9 to $11.
August 08, 2023 | 8:41 am
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NEUTRAL IMPACT
Piper Sandler has maintained a Neutral rating on EverCommerce and raised the price target from $9 to $11.
The news is directly about EverCommerce. Piper Sandler's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $9 to $11 suggests a positive outlook in the longer term. This could potentially attract investors, but the immediate impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100