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Xactly Corporation (XTLY) Tops Q2 EPS by 6c, Offers FY EPS Guidance

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UBS Raises Price Target on Xactly Corporation (XTLY) to $15 Following 2Q

September 9, 2016 9:24 AM EDT

UBS reiterated a Neutral rating on Xactly Corporation (NYSE: XTLY), and raised the price target to $15.00 (from $11.00), following the company's 2Q earnings report.

Analyst Brent Thill commented, "Top line metrics showed slight deceleration in FQ2 (billings of $25M grew +28% y/y vs. +31% in both the year ago Q and last Q;... More