Crexendo price target raised to $10 from $7 at D. Boral Capital

D. Boral Capital analyst Jesse Sobelson raised the firm’s price target on Crexendo (CXDO) to $10 from $7 and keeps a Buy rating on the shares. The company reported strong financial results and is positioned for further double-digit sales growth year-over-year, the analyst tells investors in a research note.