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CARB

Carbonite

$14.77

-0.02 (-0.14%)

06:21
10/11/16
10/11
06:21
10/11/16
06:21

Carbonite upgraded to Outperform from Perform at Oppenheimer

Oppenheimer analyst Brian Schwartz upgraded Carbonite to Outperform saying he sees "substantial upside" from current levels due to valuation and fundamentals. The company's eVault growth plan and cost savings are being underappreciated by investors, making 2017 estimates too low, Schwartz tells investors in a research note. The analyst has a $21 price target for the shares.

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CARB Carbonite
$14.77

-0.02 (-0.14%)

06/10/16
RILY
06/10/16
INITIATION
Target $15
RILY
Buy
Carbonite initiated with a Buy at B. Riley
B. Riley analyst Ian Corydon started Carbonite with a Buy rating and $15 price target.

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