Everbridge, Inc. (EVBG) Receives New Coverage from Analysts at Canaccord Genuity
Research analysts at Canaccord Genuity initiated coverage on shares of Everbridge, Inc. (NASDAQ:EVBG) in a research report issued to clients and investors on Tuesday. The brokerage set a “buy” rating and a $22.00 price target on the stock. Canaccord Genuity’s price objective suggests a potential upside of 39.59% from the stock’s previous close.
A number of other equities research analysts have also recently commented on EVBG. Credit Suisse Group AG started coverage on Everbridge in a report on Tuesday. They set an “outperform” rating and a $21.00 price target on the stock. Stifel Nicolaus started coverage on Everbridge in a research report on Tuesday. They set a “buy” rating and a $20.00 price objective for the company. Seven equities research analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and a consensus target price of $20.50.
Everbridge (NASDAQ:EVBG) traded up 1.599% on Tuesday, reaching $16.012. The company’s stock had a trading volume of 107,008 shares. Everbridge has a one year low of $11.76 and a one year high of $18.73. The company’s market capitalization is $197.24 million. The firm has a 50-day moving average of $16.40 and a 200-day moving average of $16.40.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/11/everbridge-inc-evbg-receives-new-coverage-from-analysts-at-canaccord-genuity.html
Receive News & Ratings for Everbridge Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Everbridge Inc. and related companies with MarketBeat.com's FREE daily email newsletter.