ChannelAdvisor (ECOM) Misses Q4 EPS by 2c, Revenues Beat; Offers 1Q Revenue Guidance Above Consensus

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ChannelAdvisor (ECOM) PT Raised to $31 at Needham & Company

February 11, 2021 12:37 PM EST

Needham & Company analyst Ryan MacDonald raised the price target on ChannelAdvisor (NYSE: ECOM) to $31.00 (from $22.00) while maintaining a Buy rating.

The analyst commented, "We are reiterating our Buy rating, while raising our PT to $31 on ChannelAdvisor (ECOM), following the company's strong 4Q... More