RBC Capital Starts Eventbrite Inc. (EB) at Outperform
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Price: $4.44 -0.45%
Rating Summary:
2 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
2 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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RBC Capital analyst Mark Mahaney initiates coverage on Eventbrite Inc. (NYSE: EB) with a Outperform rating and a price target of $37.00.
Mahaney believes the company can sustain premium revenue growth rates (~20%) while leveraging its efficient business model (low acquisition costs, high revenue retention) to drive margin expansion.
For an analyst ratings summary and ratings history on Eventbrite Inc. click here. For more ratings news on Eventbrite Inc. click here.
Shares of Eventbrite Inc. closed at $28.00 yesterday.
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