Analyst Assign Buy Rating to BroadSoft Inc (BSFT)
In a report issued on July 1, John Difucci from Jefferies assigned a Buy rating to BroadSoft Inc (NASDAQ:BSFT). The company’s shares closed last Friday at $41.34.
BroadSoft saw an EPS decline of nearly 41% over the past year. However, analysts expect a 22% EPS growth for BroadSoft in the coming fiscal year.
According to TipRanks.com, Difucci is a 4-star analyst with an average return of 5.4% and a 55.9% success rate. Difucci covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Concur Technologies, and CommVault Systems.
BroadSoft has an analyst consensus of Strong Buy.