BWS Financial Starts Web.com Group (WWWW) at Buy, $27 Target
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Price: $24.72 -0.96%
Rating Summary:
5 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
5 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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BWS Financial initiates coverage on Web.com Group (NASDAQ: WWWW) with a Buy rating and $27 price target.
The firm comments, "Web.com is a one-stop shop for businesses looking to begin or enhance their online presence. Web.com has built a business through different acquisitions that has resulted in the Company becoming the third largest domain registrar and second largest web hosting firm. Web.com has created a business that is able to generate a steady stream of cash flow and a business strategy that has allowed the Company to gain market share. Web.com’s share price has yet to fully depict the value that could be extracted from the business over the next couple of years."
For an analyst ratings summary and ratings history on Web.com Group click here. For more ratings news on Web.com Group click here.
Shares of Web.com Group closed at $14.77 yesterday.
The firm comments, "Web.com is a one-stop shop for businesses looking to begin or enhance their online presence. Web.com has built a business through different acquisitions that has resulted in the Company becoming the third largest domain registrar and second largest web hosting firm. Web.com has created a business that is able to generate a steady stream of cash flow and a business strategy that has allowed the Company to gain market share. Web.com’s share price has yet to fully depict the value that could be extracted from the business over the next couple of years."
For an analyst ratings summary and ratings history on Web.com Group click here. For more ratings news on Web.com Group click here.
Shares of Web.com Group closed at $14.77 yesterday.
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