Q2 Holdings price target lowered to $67 from $86 at RBC Capital

RBC Capital lowered the firm’s price target on Q2 Holdings (QTWO) to $67 from $86 and keeps a Sector Perform rating on the shares. The company’s Q4 results reflected the company’s strong bookings and an improved margin profile, the analyst tells investors in a research note. An early look into FY27’s subscription growth at 12.5%-13%, however, put some pressure on the share price along with a broader negative sentiment in software, RBC adds.