Barrington lowered the firm’s price target on Asure Software (ASUR) to $15 from $17 and keeps an Outperform rating on the shares. The firm is reducing its 2025 and 2026 non-GAAP EPS forecasts to 84c and $1.04 from 96c and $1.10, respectively, after Q2 results missed on the top and bottom lines.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASUR:
- Asure Software Inc. Faces Financial Uncertainty Amid Debt Challenges
- Asure Software Inc. Earnings Call: Growth Amid Challenges
- Asure’s Growth Potential: Buy Rating Amidst Challenges and Strategic Acquisitions
- Asure Software price target lowered to $11 from $14 at Northland
- Strategic Pivot and Growth Prospects Underpin Buy Rating for Asure Despite Short-term Setbacks