EverCommerce Inc (EVCM) PT Raised to $12 at RBC Capital

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EverCommerce Inc (EVCM) PT Raised to $8 at Goldman Sachs

May 14, 2024 7:49 AM EDT

Goldman Sachs analyst Gabriela Borges raised the price target on EverCommerce Inc (NASDAQ: EVCM) to $8.00 (from $7.50) while maintaining a Sell rating.

The analyst comments "EverCommerce was up 4% on May 11 after reporting revenue 2% above the Street and EBITDA margins ~200bps above (FactSet). Management maintained full year guidance. EverCommerce noted that the macro environment was similar in 1Q24 vs. 4Q23 with essentially normal... More