Barclays lowered the firm’s price target on Everbridge to $20 from $25 and keeps an Equal Weight rating on the shares post the Q3 report. The analyst says Everbridge has made “great strides to reorient its model toward better profitability and free cash flow generation.
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Read More on EVBG:
- Everbridge backs FY23 adjusted EPS view $1.48-$1.52, consensus $1.49
- Everbridge sees Q4 adjusted EPS 48c-52c, consensus 51c
- Everbridge reports Q3 adjusted EPS 46c, consensus 42c
- Everbridge (EVBG) Q3 Earnings Cheat Sheet
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