Everbridge’s (EVBG) “Overweight” Rating Reiterated at KeyCorp
Everbridge, Inc. (NASDAQ:EVBG)‘s stock had its “overweight” rating reiterated by stock analysts at KeyCorp in a research report issued on Wednesday. They presently have a $19.00 price objective on the stock. KeyCorp’s price target points to a potential upside of 25.50% from the company’s current price.
A number of other research analysts have also recently commented on the stock. Raymond James Financial Inc. initiated coverage on shares of Everbridge in a report on Tuesday. They issued an “outperform” rating on the stock. Bank of America Corp. initiated coverage on shares of Everbridge in a report on Tuesday. They issued a “buy” rating on the stock. Stifel Nicolaus initiated coverage on shares of Everbridge in a report on Tuesday. They issued a “buy” rating and a $20.00 price target on the stock. Canaccord Genuity started coverage on shares of Everbridge in a report on Tuesday. They issued a “buy” rating and a $22.00 price target on the stock. Finally, Credit Suisse Group AG started coverage on shares of Everbridge in a research note on Tuesday. They issued an “outperform” rating and a $21.00 price objective for the company. Eight analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and a consensus target price of $20.20.
Shares of Everbridge (NASDAQ:EVBG) traded down 3.44% during mid-day trading on Wednesday, hitting $15.14. 423,794 shares of the stock were exchanged. Everbridge has a 52-week low of $11.76 and a 52-week high of $18.73. The stock has a 50-day moving average price of $16.36 and a 200 day moving average price of $16.36. The firm’s market cap is $186.49 million.
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