Vertex (VERX) Tops Q3 EPS by 3c, provides guidance
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November 7, 2024 5:34 AM EST
Goldman Sachs analyst Adam Hotchkiss raised the price target on Vertex Inc. (NASDAQ: VERX) to $59.00 (from $42.00) while maintaining a Buy rating.
The analyst comments "VERX shares finished the day up ~14% as the company reported 3Q24 revenue and profitability ahead of consensus while raising full-year revenue guidance... More
November 6, 2024 4:13 PM EST
BMO Capital analyst Daniel Jester raised the price target on Vertex Inc. (NASDAQ: VERX) to $52.00 (from $42.00) while maintaining a Market Perform rating.
The analyst comments "Vertex delivered good results with upside on subscription revenue and EBITDA, somewhat offset by essentially in-line core ARR growth... More
November 6, 2024 4:12 PM EST
Stifel analyst Brad Reback raised the price target on Vertex Inc. (NASDAQ: VERX) to $52.00 (from $41.00) while maintaining a Buy rating.
The analyst comments "Vertex posted strong 3Q results across the board before-the-open highlighted by ~$5M revenue upside and continued profitability gains. Cloud revenue +28.5%... More
November 6, 2024 3:49 PM EST
Raymond James analyst Alexander Sklar raised the price target on Vertex Inc. (NASDAQ: VERX) to $55.00 (from $40.00) while maintaining a Outperform rating.
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