Information Provided By: 
Fly News Breaks for March 13, 2018
INWK
Mar 13, 2018 | 08:38 EDT
Lake Street analyst Josh Elving says that despite "solid" 9% organic gross revenue growth, InnerWorkings' Q4 results missed both the revenue and gross profit range offered just two weeks ago. Coupled with the material weakness, which the analyst does not believe is significant, and leadership transitions, Elving believes the shares may pull back in the near-term. He lowered his price target for the stock to $13 from $14 but keeps a Buy rating on the name. The analyst thinks InnerWorkings shares will still go higher in 2018 after a pause.
News For INWK From the Last 2 Days
There are no results for your query INWK
