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Northland Securities lifted their target price on shares of E2OPEN (NASDAQ:EOPN) to $27.00 in a research note issued on Friday, Analyst Ratings News reports. Northland Securities’ price objective suggests a potential upside of 12.83% from the company’s current price.

Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity raised their price target on shares of E2OPEN from $24.00 to $28.00 in a research note to investors on Friday. Separately, analysts at Janney Montgomery Scott initiated coverage on shares of E2OPEN in a research note to investors on Wednesday, December 11th. They set a “buy” rating on the stock. Finally, analysts at Needham & Company raised their price target on shares of E2OPEN from $20.00 to $28.00 in a research note to investors on Monday, November 18th. They now have a “buy” rating on the stock. Five analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average target price of $25.50.

Shares of E2OPEN (NASDAQ:EOPN) opened at 23.93 on Friday. E2OPEN has a 52 week low of $12.27 and a 52 week high of $26.40. The stock has a 50-day moving average of $22.85 and a 200-day moving average of $21.40. The company’s market cap is $634.3 million.

E2OPEN (NASDAQ:EOPN) last announced its earnings results on Thursday, January 9th. The company reported ($0.16) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.19) by $0.03. The company had revenue of $18.30 million for the quarter, compared to the consensus estimate of $18.41 million. During the same quarter last year, the company posted $0.04 earnings per share. E2OPEN’s revenue was down 3.1% compared to the same quarter last year. On average, analysts predict that E2OPEN will post $-0.55 earnings per share for the current fiscal year.

E2open, Inc is a provider of cloud-based, on-demand software solutions. The Company’s software applications allow network participants to input, access and share data and execute business processes across internal operating units and external entities.

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