Morgan Stanley lowered the firm’s price target on BigCommerce (BIGC) to $7 from $8 and keeps an Equal Weight rating on the shares. The firm is adjusting risk/rewards for a large number of software companies as it analyzes tariff risk uncertainty and what has already been priced into shares.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BIGC:
- Shopify Stock (SHOP) Drops as BofA Raises Alarm on Trump’s Tariff Risks for E-Commerce Vendors
- BigCommerce announces corporate partnership with NAED
- BigCommerce Announces CTO Departure and Leadership Change
- BigCommerce enhances B2B features to improve operational efficiency
- BigCommerce transforms commerce beyond order capture with Pipe17