Information Provided By: 
Fly News Breaks for May 11, 2018
ECOM
May 11, 2018 | 06:44 EDT
DA Davidson analyst Tom Forte raised his price target on ChannelAdvisor to $17, citing his "confidence in multiple initiatives" expected to grow sales and expand margins, including lowering churn and adding resellers. The analyst also kept his Buy rating despite the Q1 earnings miss and below-consensus Q2 revenue, noting that ChannelAdvisor had already positively pre-announced Q1 results while attributing the lower guidance to higher expenses from Catalyst 2018.
News For ECOM From the Last 2 Days
There are no results for your query ECOM
