ON24, Inc. (ONTF) Tops Q1 EPS by 4c, Revenues Beat; Offers 2Q & FY21 EPS/Revenues Outlook

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On24 Inc. (ONTF) PT Lowered to $50 at Needham & Company

May 13, 2021 6:48 AM EDT

Needham & Company analyst Scott Berg lowered the price target on On24 Inc. (NYSE: ONTF) to $50.00 (from $70.00) while maintaining a Buy rating.

The analyst commented, "On24 reported strong 1Q results with revenue and non-GAAP EPS above our estimates along with ARR $6mm above... More