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INWK

InnerWorkings

$9.25

-0.17 (-1.80%)

09:08
10/04/16
10/04
09:08
10/04/16
09:08

InnerWorkings names Peter Thompson as Chief Commercial Officer

InnerWorkings announced that Peter Thompson has joined the company as Chief Commercial Officer. Peter will lead the global sales and marketing efforts for the company, and will focus on helping InnerWorkings achieve its growth objectives. Thompson was formerly the CEO of Perkins Investment Management.

INWK InnerWorkings
$9.25

-0.17 (-1.80%)

09/15/16
BRRR
09/15/16
NO CHANGE
Target $11
BRRR
Outperform
InnerWorkings recent pullback a buying opportunity, says Barrington
Barrington analyst Kevin Steinke attributes the 12% pullback in shares of InnerWorkings over the last six days to pressure from the exit of Sagard Capital, which previously had been its top shareholder. However, Steinke believes the departure of Dan Friedberg from Sagard led to the firm selling its position in InnerWorkings and that the exit is unrelated to fundamentals, which are strengthening. The analyst, who sees the slide as a buying opportunity, keeps an Outperform rating and $11 price target on InnerWorkings shares.

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