Gloo initiated with a Buy at Roth Capital

Roth Capital initiated coverage of Gloo (GLOO) with a Buy rating and $17 price target The company acquires and integrates leading faith-based and human flourishing ecosystem vendors, the analyst tells investors in a research note. Roth believes cost synergies and marketing efficiencies should enable Gloo to put together an “attractive financial model while accelerating its clients’ missions.”