Lake Street raised the firm’s price target on Crexendo (CXDO) to $8.50 from $8 and keeps a Buy rating on the shares, citing quarterly outperformance as well as “good growth” in the remaining performance obligation metric. The firm sees the company having “a long runway of double-digit growth,” the analyst added.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CXDO: