Interactive Intelligence Group Price Target Raised to $63.00 at Northland Capital Partners (ININ)
Northland Capital Partners lifted their price target on shares of Interactive Intelligence Group (NASDAQ:ININ) from $52.00 to $63.00 in a research note issued on Monday, Stock Ratings Network reports. Northland Capital Partners’ price target would suggest a potential downside of 3.08% from the company’s current price.
ININ has been the subject of a number of other recent research reports. Analysts at Wedbush reiterated a “hold” rating on shares of Interactive Intelligence Group in a research note to investors on Monday. They now have a $66.00 price target on the stock. Separately, analysts at Northland Securities raised their price target on shares of Interactive Intelligence Group to $63.00 in a research note to investors on Monday. Finally, analysts at Zacks upgraded shares of Interactive Intelligence Group from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, August 7th. They now have a $68.30 price target on the stock. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Interactive Intelligence Group presently has an average rating of “Buy” and a consensus target price of $68.79.
Shares of Interactive Intelligence Group (NASDAQ:ININ) traded down 0.55% during mid-day trading on Monday, hitting $65.00. 55,250 shares of the company’s stock traded hands. Interactive Intelligence Group has a 52 week low of $28.52 and a 52 week high of $66.94. The stock has a 50-day moving average of $61.4 and a 200-day moving average of $53.47. The company has a market cap of $1.302 billion and a price-to-earnings ratio of 223.84.
Interactive Intelligence Group (NASDAQ:ININ) last issued its quarterly earnings data on Monday, August 5th. The company reported $0.14 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.02 by $0.12. The company had revenue of $76.20 million for the quarter, compared to the consensus estimate of $69.98 million. During the same quarter in the previous year, the company posted $0.03 earnings per share. The company’s revenue for the quarter was up 39.1% on a year-over-year basis. Analysts expect that Interactive Intelligence Group will post $0.47 EPS for the current fiscal year.
Interactive Intelligence Group, Inc (NASDAQ:ININ), formerly Interactive Intelligence, Inc, is a holding company.
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