Information Provided By: 
Fly News Breaks for July 27, 2018
ELLI
Jul 27, 2018 | 07:49 EDT
Roth Capital analyst Richard Baldry reiterated a Neutral rating on Elli Mae but raised his price target to $100 from $85 after the company reported "moderate" upside to Q2 EPS and revenue, but tells investors in a research note that the company's guidance left his Q3 revenue forecast cut. With weak Q2 active user adds, Baldry believes Elli Mae's valuation strength reflects broader SaaS sector strength rather than its execution.
News For ELLI From the Last 2 Days
There are no results for your query ELLI
