RBC Capital analyst Matthew Hedberg raised the firm’s price target on EverCommerce (EVCM) to $14 from $12 and keeps an Outperform rating on the shares. The company posted solid results relative to expectations in what the management called a stable demand environment, the analyst tells investors in a research note. RBC adds that it continues to like the building blocks for EverCommerce to deliver accelerated revenue growth and margin expansion in 2025.
Don't Miss out on Research Tools:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EVCM:
- EverCommerce price target raised to $11 from $10 at Piper Sandler
- EverCommerce price target raised to $15 from $12 at JMP Securities
- EverCommerce price target raised to $13 from $12 at Oppenheimer
- EverCommerce price target raised to $12 from $9 at Barclays
- EverCommerce price target raised to $12 from $10 at Jefferies