Xoom (XOOM) Tops Q2 EPS by 22c; Issues Strong FY13 Outlook
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Needham & Company Boosts PT on Xoom Corporation (XOOM) to $35
July 25, 2013 11:53 AM EDTNeedham & Company boosted its price target on Xoom Corporation (NASDAQ: XOOM) from $27 to $35 on strong Q2 earnings results.
Analyst Mayank Tandon comments, "Xoom delivered a strong 2Q, crushing expectations on revenue, EBITDA, and EPS. The key performance metrics (GSV, new customer, and transaction growth) surprised to the... More
