Acxiom Corp. Price Target Raised to $35.00 at Northland Securities (ACXM)
Investment analysts at Northland Securities hoisted their price target on shares of Acxiom Corp. (NASDAQ:ACXM) from $30.00 to $35.00 in a note issued to investors on Friday, American Banking & Market News reports. Northland Securities’ price objective points to a potential upside of 24.38% from the stock’s previous close.
A number of other firms have also recently commented on ACXM. Analysts at Northland Capital Partners raised their price target on shares of Acxiom Corp. (NASDAQ:ACXM) from $30.00 to $35.00 in a research note to investors on Friday. They now have an “outperform” rating on the stock. Separately, analysts at Zacks downgraded shares of Acxiom Corp. (NASDAQ:ACXM) from a “neutral” rating to an “underperform” rating in a research note to investors on Thursday. They now have a $25.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Acxiom Corp. (NASDAQ:ACXM) in a research note to investors on Thursday, August 22nd. They now have a $26.00 price target on the stock.
Shares of Acxiom Corp. (NASDAQ:ACXM) opened at 28.14 on Friday. Acxiom Corp. has a 52 week low of $16.19 and a 52 week high of $29.26. The stock has a 50-day moving average of $25.79 and a 200-day moving average of $22.88. The company has a market cap of $2.084 billion and a price-to-earnings ratio of 37.47.
Acxiom Corp. (NASDAQ:ACXM) last released its earnings data on Wednesday, July 31st. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.02. The company had revenue of $266.20 million for the quarter, compared to the consensus estimate of $265.50 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. The company’s quarterly revenue was down 2.0% on a year-over-year basis. On average, analysts predict that Acxiom Corp. will post $0.75 earnings per share for the current fiscal year.
Acxiom Corporation (NASDAQ:ACXM) is engaged in providing marketing technology and services.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.