Evercore analyst Kirk Materne maintains $EverCommerce (EVCM.US)$ with a buy rating, and adjusts the target price from $11 to $13.
According to TipRanks data, the analyst has a success rate of 65.3% and a total average return of 12.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $EverCommerce (EVCM.US)$'s main analysts recently are as follows:
The stable small business purchasing environment and improving sales cycles are seen as driving a more optimistic path forward for EverCommerce.
EverCommerce exhibited strong performance when compared to anticipations within what management described as a stable demand landscape. The company possesses foundational elements that are favorable for propelling expedited revenue enhancement and widening of profit margins by the year 2025.
EverCommerce's Q3 outcomes surpassed expectations, exhibiting signs of steadiness in its metrics alongside robust EBITDA and cash flow generation during the quarter.
Note:
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