.png "Q2 Holdings (NYSE: QTWO)")
RBC Capital analyst Matthew Hedberg reiterated a Buy rating on Q2 Holdings (NYSE: QTWO) yesterday and set a price target of $65. The company’s shares closed yesterday at $59.65, close to its 52-week high of $64.25.
According to TipRanks.com, Hedberg is a top 25 analyst with an average return of 33.0% and a 81.5% success rate. Hedberg covers the Technology sector, focusing on stocks such as Altair Engineering Inc, Varonis Systems, and Citrix Systems.
Currently, the analyst consensus on Q2 Holdings is a Moderate Buy with an average price target of $64.60, implying an 8.3% upside from current levels. In a report released yesterday, Stifel Nicolaus also reiterated a Buy rating on the stock with a $68 price target.
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The company has a one-year high of $64.25 and a one-year low of $35.05. Currently, Q2 Holdings has an average volume of 348K.
Based on the recent corporate insider activity of 90 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2018, Michael Maples, a Director at QTWO sold 47,099 shares for a total of $2,702,000.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Q2 Holdings, Inc. engages in the provision of digital banking solutions. Its services offers security, advisory, web services, custom services and end user marketing solutions. The company was founded by Robert H. Seale III on March 31, 2005 and is headquartered in Austin, TX.
