In a report released on January 26, Michael Turrin from Wells Fargo maintained a Sell rating on Everbridge (EVBG – Research Report), with a price target of $19.00. The company’s shares closed last Friday at $22.06.
Turrin covers the Technology sector, focusing on stocks such as Microsoft, Five9, and 8X8. According to TipRanks, Turrin has an average return of -3.5% and a 51.34% success rate on recommended stocks.
Currently, the analyst consensus on Everbridge is a Hold with an average price target of $23.67.
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The company has a one-year high of $35.55 and a one-year low of $18.50. Currently, Everbridge has an average volume of 434.3K.
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Everbridge (EVBG) Company Description:
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. Its SaaS-based CEM platform enables customers to aggregate and assess threat data, locate people at risk and responders able to assist, automate the execution of pre-defined communications processes, and track progress on executing response plans. The company was founded by Cinta Putra and Steve Kirchmeier in 2002 and is headquartered in Burlington, MA.
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