ChannelAdvisor (ECOM) Tops Q4 Revenue

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ChannelAdvisor (ECOM) PT Lowered to $26 at Needham & Company

February 11, 2022 7:44 AM EST

Needham & Company analyst Ryan MacDonald lowered the price target on ChannelAdvisor (NYSE: ECOM) to $26.00 (from $35.00) while maintaining a Buy rating.

The analyst commented, "ChannelAdvisor reported solid 4Q results with revenue and adjusted EBITDA above our estimates. However, the... More