EverCommerce Announces Second Quarter 2024 Financial Results
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EverCommerce Inc (EVCM) PT Raised to $11 at Evercore ISI
August 7, 2024 5:07 AM EDTEvercore ISI analyst Kirk Materne raised the price target on EverCommerce Inc (NASDAQ: EVCM) to $11.00 (from $10.00) while maintaining a Outperform rating.
The analyst comments "EVCM delivered solid results as total revenue of $177.4mn (4.3% y/y) came in ahead of Street estimates of $171.9mn. Adjusted EBITDA margins of 23.2% were slightly below our/Street estimates of 24.3% / 23.8% as the company looks to invest into operational changes to help drive growth in... More
