Ellie Mae (ELLI) Tops Q2 EPS by 16c; Guides Above the Street

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Go back to Ellie Mae (ELLI) Tops Q2 EPS by 16c; Guides Above the Street

Ellie Mae (ELLI) PT, Estimates Lifted at Needham & Company Following 'Another Excellent Quarter'

July 31, 2015 7:30 AM EDT

Needham & Company analyst Mayank Tandon raised estimates and its price target on Buy-rated Ellie Mae (NYSE: ELLI) to $85.00 (from $75.00) following "another excellent quarter'.

Tandon commented, " ELLI delivered another exceptionally strong quarter, pummeling estimates for 2Q, providing upbeat guidance for 3Q, and raising FY15... More