Northland raised the firm’s price target on Crexendo to $7 from $6 and keeps an Outperform rating on the shares. The firm is increasing its FY24 and FY25 estimates after Crexendo reported Q4 revenue growth of 24% and exceeded revenue and EBITDA expectations.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on CXDO:
- CXDO Earnings this Week: How Will it Perform?
- Crexendo, TELCLOUD enter strategic partnership agreement
- Crexendo Inc Secures Top Executives with Enhanced Employment Deals
- Crexendo downgraded to Neutral from Buy at B. Riley
- Jeffrey Korn Named Crexendo’s Executive Chairman
Questions or Comments about the article? Write to editor@tipranks.com