EverCommerce price target raised to $13 from $12 at Oppenheimer

Oppenheimer raised the firm’s price target on EverCommerce (EVCM) to $13 from $12 and keeps an Outperform rating on the shares. The firm notes EverCommerce’s Q3 results exceeded guidance. Encouragingly, the business is showing signs of stability in its metrics while generating strong EBITDA and cash generation in the Q3 results.