Web.com Group (WEB) Tops Q1 EPS by 2c, Sales Miss

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RBC Capital Raises Price Target on Web.com Group (WEB) Following Solid 1Q; Reiterates Sector Perform

May 6, 2016 10:08 AM EDT

RBC Capital reiterated a Sector Perform rating on Web.com, Inc. (NASDAQ: WEB), and raised the price target to $24.00 (from $23.00), following the company's 1Q earnings report. Non-GAAP Revenue of $153.4MM came in just above Streets $151.1MM and at the high end of managements... More