Envestnet (ENV) Tops Q2 EPS by 2c
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Envestnet (ENV) PT Raised to $52 at Stifel Following 2Q Release
August 9, 2017 6:54 AM EDTStifel raised its price target on Envestnet (NYSE: ENV) to $52.00 (from $45.00) while maintaining a Buy rating following the company's 2Q earnings report. Revenue grew 18% y/y (all organic) and EBITDA grew 32%, very similar to 1Q. Outperformance reflected strong fundamental performance in the core business and strong... More
