Canaccord Genuity Maintains Buy on EverCommerce, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst David Hynes maintains a Buy rating on EverCommerce (NASDAQ:EVCM) and raises the price target from $12 to $13.
May 10, 2024 | 6:33 pm
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Canaccord Genuity analyst David Hynes reaffirmed a Buy rating on EverCommerce and increased the price target from $12 to $13, indicating a positive outlook on the stock.
The upgrade in price target by a reputable analyst suggests a strong confidence in EverCommerce's future performance. This is likely to positively influence investor sentiment and potentially increase the stock price in the short term.
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IMPORTANCE 90
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