tiprankstipranks

EverQuote price target raised to $33 from $30 at Canaccord

Canaccord raised the firm’s price target on EverQuote (EVER) to $33 from $30 and keeps a Buy rating on the shares. The firm said Q4 results came in solidly above expectations, with revenue, VMM, and adj. EBITDA all noticeably above estimates as the recovery in auto insurance spending continues. Canaccord said the stock is up but still trades at an attractive valuation, especially in light of ongoing business momentum.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue