J2 Global (JCOM) Tops Q4 EPS by 2c, Revenues Beat; Offers FY20 EPS Mid-Point Guidance Below Consensus, FY20 Revenue Outlook Above Consensus

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j2 Global Communications (JCOM) PT Raised to $130 at Susquehanna; 2020 Numbers 'Look Very Beatable'

February 12, 2020 6:27 AM EST

Susquehanna analyst Shyam Patil raised the price target on j2 Global Communications (NASDAQ: JCOM) to $130.00 (from $115.00) while maintaining a Positive rating, citing "excellent execution" and said 2020 numbers look "very beatable."

The analyst commented, "The revenue and EBITDA beats continued in 4Q, capping off a... More