SunTrust Robinson analyst Naved Khan maintained a Hold rating on Endurance International (NASDAQ: EIGI) today and set a price target of $8. The company’s shares opened today at $10.25.
Khan commented:
“We believe a a variety of scenarios could occur, including: 1) a go-private transaction for the entire company or 2) sale of some of the pieces to better align with public peer set.”
According to TipRanks.com, Khan is a 5-star analyst with an average return of 23.6% and a 76.7% success rate. Khan covers the Technology sector, focusing on stocks such as Webcom Group, Wix.com Ltd, and trivago NV.
Currently, the analyst consensus on Endurance International is a Moderate Buy with an average price target of $9.
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The company has a one-year high of $10.95 and a one-year low of $6.95. Currently, Endurance International has an average volume of 743.2K.
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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.
