EverCommerce price target raised to $10 from $9 at Barclays

Barclays raised the firm’s price target on EverCommerce to $10 from $9 and keeps an Equal Weight rating on the shares. The analyst says investors are likely more confident in the stability of the company’s business following a "solid" Q4 report in-line fiscal 2023 outlook. The firm is pleased that EverCommerce’s net retention held steady in the quarter and that its core vertical software and payments solutions are performing as expected.