EverCommerce price target lowered to $11 from $12 at RBC Capital

RBC Capital lowered the firm’s price target on EverCommerce (EVCM) to $11 from $12 and keeps a Sector Perform rating on the shares after its Q4 results. The company delivered mixed results and provided a conservative guide, however, its underlying business trends remained stable, the analyst tells investors in a research note. RBC adds that it sees shares as fairly valued with a balanced risk-reward.