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.

Analyst Recommendations for Everbridge (NASDAQ:EVBG)

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.

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5 Day Chart for NASDAQ:EVBG

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