In a report released today, Richard Davis from Canaccord Genuity maintained a Buy rating on Everbridge Inc (NASDAQ: EVBG), with a price target of $57. The company’s shares opened today at $52.05, close to its 52-week high of $53.42.
According to TipRanks.com, Davis is a top 25 analyst with an average return of 35.7% and a 82.7% success rate. Davis covers the Technology sector, focusing on stocks such as Ceridian HCM Holding Inc, Altair Engineering Inc, and Upland Software.
Currently, the analyst consensus on Everbridge Inc is Strong Buy and the average price target is $48.86, representing a -6.1% downside.
In a report issued on June 14, KeyBanc also maintained a Buy rating on the stock with a $58 price target.
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The company has a one-year high of $53.42 and a one-year low of $21.56. Currently, Everbridge Inc has an average volume of 314.7K.
Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock.
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Everbridge, Inc. engages in the development of software solutions for critical event management and enterprise safety applications that automate and accelerate an organization’s operational response to critical events.
