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Fly News Breaks for February 26, 2019
EVER
Feb 26, 2019 | 07:46 EDT
Canaccord analyst Michael Graham said the Q4 results for EverQuote showed encouraging signs of stabilization. He noted revenue growth was driven by a balance of volume and revenue per quote request. He is now looking ahead to positive milestones, including the launch of renters and commercial verticals and the roll-out of EverDrive to over 20 more states. Graham reiterated his Buy rating and lowered his price target to $12 from $14 on EverQuote shares.
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