EverQuote price target raised to $33 from $30 at Canaccord

Canaccord raised the firm’s price target on EverQuote (EVER) to $33 from $30 and keeps a Buy rating on the shares. The firm said Q4 results came in solidly above expectations, with revenue, VMM, and adj. EBITDA all noticeably above estimates as the recovery in auto insurance spending continues. Canaccord said the stock is up but still trades at an attractive valuation, especially in light of ongoing business momentum.