In a report released yesterday, Michael Turrin from Wells Fargo maintained a Hold rating on Everbridge (EVBG – Research Report), with a price target of $35.00. The company’s shares closed yesterday at $34.81.
Turrin covers the Technology sector, focusing on stocks such as Microsoft, HubSpot, and DocuSign. According to TipRanks, Turrin has an average return of -3.8% and a 47.73% success rate on recommended stocks.
Currently, the analyst consensus on Everbridge is a Hold with an average price target of $30.42.
The company has a one-year high of $35.70 and a one-year low of $18.50. Currently, Everbridge has an average volume of 1.23M.
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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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