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Broadsoft (BSFT) Announces Participation in Domain 2.0 Project; Needham & Company Reiterates Buy
November 4, 2015 2:04 PM ESTNeedham & Company reiterated a Buy rating on Broadsoft (NASDAQ: BSFT), and raised the price target to $42.00 (from $40.00), following the company's 3Q earnings report. Revenue and NG EPS of $69.1MM and $0.36 exceeded consensus of $68.1MM and $0.33. BSFT also announced on the call that it had been chosen to participate in its Domain 2.0 project.... More
