Stephens raised the firm’s price target on Q2 Holdings (QTWO) to $100 from $75 and keeps an Overweight rating on the shares. Q2 reported better than expected adjusted EBITDA and revenue, while a number of net new bookings and expansion deals should set the stage for mid-teen subscription revenue growth through FY26, the analyst tells investors in a post-earnings note.
Don't Miss Our Christmas Offers:
- 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 QTWO: