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HCKT

Hackett Group

$15.09 /

-0.54 (-3.45%)

09:04
02/19/20
02/19
09:04
02/19/20
09:04

Hackett Group upgraded to Buy from Hold at Craig-Hallum

Craig-Hallum analyst George Sutton upgraded Hackett Group to Buy from Hold with a price target of $20, up from $18. The analyst notes that the "historic" Hackett Oracle implementation business has seen premise revenues move from $80M to a relatively small level in the teens, while cloud is now more than 75% of the practice growing at more than 30%. In his view, that is a major "headline headwind" that will soon turn into a tailwind. While Europe continues to put a damper on growth and he sees some tough comps in Q2, Sutton believes that he is now "staring squarely" at a growth story after several quarters of decline.

  • 03

    Mar

HCKT Hackett Group
$15.09 /

-0.54 (-3.45%)

11/06/19 Barrington
Hackett Group price target lowered to $20 from $22 at Barrington

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