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.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on QTWO: