TD Cowen lowered the firm’s price target on Asure Software to $10 from $12 and keeps a Buy rating on the shares. The firm said valuation remains deeply discounted but cleaner core execution is the needed catalyst to change that; the company’s outlook implies such a ramp as it moves through 2024.
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Read More on ASUR:
- Asure Software price target raised to $8.50 from $8 at Lake Street
- Asure Software sees FY24 revenue $125M-$129M, consensus $123.68M
- Asure Software sees Q2 revenue $28M-$29M, consensus $31.07M
- Asure Software reports Q1 EPS (1c), consensus 20c
- UPDATE: Asure Partners with HRlogics to Empower Clients with Access to Capital through Employer Tax Credits and Hiring Incentives
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