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Needham downgrades Everbridge (EVBG) to a Hold
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Needham downgrades Everbridge (EVBG) to a Hold

Everbridge (EVBGResearch Report) received a Hold rating and price target from Needham analyst Scott Berg today. The company’s shares opened today at $28.11.

According to TipRanks, Berg is a 2-star analyst with an average return of -0.3% and a 48.23% success rate. Berg covers the Technology sector, focusing on stocks such as Everbridge, BigCommerce Holdings, and ON24.

In addition to Needham, Everbridge also received a Hold from Canaccord Genuity’s Michael Walkley in a report issued today. However, on January 26, Wells Fargo maintained a Sell rating on Everbridge (NASDAQ: EVBG).

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EVBG market cap is currently $977M and has a P/E ratio of -39.34.

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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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