Information Provided By:
Fly News Breaks for April 23, 2018
ECOM
Apr 23, 2018 | 06:32 EDT
DA Davidson analyst Tom Forte raised his price target on ChannelAdvisor to $13 after the company's Catalyst 2018 Analyst Day. Forte cites the company has been successful in optimizing its sales productivity since appointing Paul Forte as Chief Revenue Officer in January. The analyst also expects improvement in its churn rate and the focus on larger customers to produce a positive outcome in terms of the company's EBITDA margins. Forte keeps his Buy rating on ChannelAdvisor.
News For ECOM From the Last 2 Days
There are no results for your query ECOM
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.