KeyBanc Sticks to Its Hold Rating for Everbridge Inc (EVBG)


KeyBanc analyst Brent Bracelin maintained a Hold rating on Everbridge Inc (EVBG) yesterday. The company’s shares closed yesterday at $94.83, close to its 52-week high of $104.22.

According to TipRanks.com, Bracelin is a top 25 analyst with an average return of 30.1% and a 76.1% success rate. Bracelin covers the Technology sector, focusing on stocks such as Slack Technologies Inc, Tyler Technologies, and Coupa Software Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Everbridge Inc with a $101.67 average price target.

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Based on Everbridge Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $14.13 million. In comparison, last year the company had a GAAP net loss of $16.92 million.

Based on the recent corporate insider activity of 67 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.

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