ChannelAdvisor (ECOM) Reports In-Line Q2 EPS

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ChannelAdvisor (ECOM) PT Raised to $18 at Needham & Company

August 10, 2018 8:19 AM EDT

Needham & Company raised its price target on ChannelAdvisor (NYSE: ECOM) to $18.00 (from $17.00) while maintaining a Buy rating.

Analyst Scott Berg commented, "ChannelAdvisor reported 2Q results ahead of our expectations from higher fixed subscription revenues that could validate management commentary on improved sales... More