8x8, Inc. (EGHT) option implied volatility elevated into EPS and outlook

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8x8 (EGHT) PT Raised to $25 at Needham & Company Following 4Q

May 15, 2019 7:38 AM EDT

Needham & Company analyst Richard Valera raised the price target on 8x8 (NYSE: EGHT) to $25.00 (from $22.00) while maintaining a Buy rating following the company's 4Q earnings report. Revenue of $93.8MM exceeded consensus of $93.0MM while NG EPS of $(0.09) missed the $(0.06) consensus.

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