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8x8 Inc. (EGHT) Misses Q3 EPS by 1c

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8x8 (EGHT) Target Raised at Northland Capital

January 23, 2014 8:33 AM EST

Northland Capital Markets bumped its price target on Outperform-rated 8x8 (NASDAQ: EGHT) from $11.50 to $12.50 following in-line Q3 results.

"We estimate organic business services revenue growth of 23.5%, similar to last quarter," analyst Michael Latimore notes. "Churn was up slightly, but so... More