Information Provided By:
Fly News Breaks for February 10, 2017
ELLI
Feb 10, 2017 | 06:36 EDT
JPMorgan analyst Sterling Auty expects Ellie Mae's Q4 results last night to bring a relief rally in the shares. Results for the quarter were "solidly ahead," and the 20%-22% top-line outlook is the "right move to provide a prudent outlook that investors will likely believe is achievable," Auty tells investors in a post-earnings research note. He keeps an Overweight rating on the shares with a $114 price target.
News For ELLI From the Last 2 Days
There are no results for your query ELLI