Web.com, Inc. (WEB) PT Lowered to $24 at Piper Jaffray
Tweet
Share
E-mailGet Alerts WEB Hot Sheet
Price: $27.99 --0%
Rating Summary:
2 Buy, 6 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 17 | Down: 23 | New: 12
Rating Summary:
2 Buy, 6 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 17 | Down: 23 | New: 12
Join SI Premium – FREE
Piper Jaffray lowered its price target on Web.com, Inc. (NASDAQ: WEB) to $24.00 (from $26.00) while maintaining a Overweight rating following the company's 4Q earnings report. Revenue of $191.1M and EBITDA of $49.1M were ahead of Street expectations for $190.9M and $49.0M, respectively.
2018 guidance calls for revenue of $755M-$770M, below the Street at $785M, and EBITDA of $192M-$197M, below the Street at $206M.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Bicara Therapeutics Inc (BCAX) PT Raised to $39 at BTIG
- Bicara Therapeutics Inc (BCAX) PT Raised to $39 at Morgan Stanley
- On Holding AG (ONON)PT Lowered to $42 at Goldman Sachs
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT ChangeRelated Entities
Piper Jaffray, EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
