Web.com Reports Fourth Quarter and Full Year 2017 Financial Results

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Web.com, Inc. (WEB) PT Lowered to $24 at Piper Jaffray

February 9, 2018 7:35 AM EST

Piper Jaffray lowered its price target on Web.com, Inc. (NASDAQ: WEB) to $24.00 (from $26.00) while maintaining a Overweight rating following the company's 4Q earnings report. Revenue of $191.1M and EBITDA of $49.1M were ahead of Street expectations for $190.9M and $49.0M, respectively.

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