In a report issued on August 10, Jason Helfstein from Oppenheimer reiterated a Buy rating on Endurance International (NASDAQ: EIGI), with a price target of $10. The company’s shares closed on Friday at $9.15.
According to TipRanks.com, Helfstein is a top 100 analyst with an average return of 20.5% and a 66.1% success rate. Helfstein covers the Technology sector, focusing on stocks such as ANGI Homeservices Inc, IAC/InterActiveCorp, and Match Group Inc.
Currently, the analyst consensus on Endurance International is a Moderate Buy with an average price target of $9.
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Based on Endurance International’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $1.97 million. In comparison, last year the company had a GAAP net loss of $39.13 million.
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Endurance International Group Holdings, Inc. engages in the provision of cloud-based platform solutions to help small and medium sized businesses online. It operates through the following segments: Web Presence, Domain, and Email Marketing.
