DA Davidson analyst Peter Heckmann raised the firm’s price target on Q2 Holdings (QTWO) to $82 from $76 and keeps a Neutral rating on the shares. The company reported strong Q3 results, with total revenue and adjusted EBITDA 2% and 7% above the firm’s forecasts respectively, while the management’s preliminary guidance for 2026 was also viewed positively, the analyst tells investors in a research note. Q2 has produced an impressive string of strong quarterly bookings over the last two years, and the firm was pleased to see solid bookings continue in Q3, DA Davidson added.
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