RBC Capital raised the firm’s price target on EverCommerce (EVCM) to $13 from $11 and keeps an Outperform rating on the shares as part of a broader research note previewing Q1 results in Software. The analyst notes that while the 90-day pause on reciprocal tariffs may offer some short-term relief, software buying cycles are cloudier than they were a few months ago with the on-again/off-again tariff rhetoric, also stating that the delay may have only “kicked the can down the road.” RBC adds however that the stock has help up well, and the firm continues to find the valuation attractive as shares trade near a 3-year average low, noting that it sees this as an attractive long-term entry point.
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