Canaccord lowered the firm’s price target on EverCommerce (EVCM) to $12 from $14 and keeps a Buy rating on the shares. The firm reported Q4 results that landed modestly ahead of expectations, and profitability remained a highlight, as the firm generated $130M in TTM auFCF, or roughly 20% margins, underscoring healthy cash conversion.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EVCM:
- EverCommerce price target lowered to $8 from $9 at Goldman Sachs
- EverCommerce downgraded to Market Perform from Outperform at Citizens
- EverCommerce sees Q1 revenue $145.5M-$148.5M, consensus $151.24M
- EverCommerce sees FY26 revenue $612M-$632M, consensus $621.17M
- EverCommerce reports Q4 EPS 3c, consensus 15c