SeaChange Int'l (SEAC) is a $6 Stock - BWS Financial

BWS Financial maintains Buy on SeaChange International (NASDAQ: SEAC) price target of $6.00.

Analyst Hamed Khorsand comments "We continue to view SEAC as a $6 stock with the value coming from the Company achieving growth in revenue and free cash flow this year. The valuation is supported by the level of cash SEAC has on its balance sheet, especially if it ends the fiscal year with more than the $52 million it had the beginning of the year, as suggested by the Company’s guidance."

For an analyst ratings summary and ratings history on SeaChange International click here. For more ratings news on SeaChange International click here.

Shares of SeaChange International closed at $3.00 yesterday.

You May Also Be Interested In

• Marvell (MRVL) PT Raised to $345 at B.Riley, bullish on new CEO
• Uber Inc. (UBER) PT Raised to $115 at Tigress Financial Partners
• BofA Securities Starts Dollarama Inc. (DOL:CN) (DLMAF) at Buy