Ellie Mae (ELLI) Tops Q3 EPS by 11c
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Needham & Company Raises Price Target on Ellie Mae (ELLI) Following EPS Beat
October 29, 2015 9:22 AM EDTNeedham & Company reiterated a Buy rating on Ellie Mae (NYSE: ELLI), and raised the price target to $88.00 (from $85.00), following the company's 3Q earnings results. Ellie Mae reported 3Q revenue of $68.9 million, above consensus of $62.6 million. EPS of $0.45 beat consensus of $0.35.
Analyst Mayank Tandon... More
Roth Capital Reiterates Buy on Ellie Mae (ELLI) Following 3Q Results
October 29, 2015 9:04 AM EDTRoth Capital reiterated a Buy rating on Ellie Mae (NYSE: ELLI), and raised the price target to $95.00 (from $87.00), following the company's 3Q earnings results. ELLI's growth drivers remain robust, with Encompass user growth and ARPU strong highlights.
Analyst Richard Baldry commented, "ELLI's... More
