BigCommerce Holdings (BIGC) Gets a Buy Rating from Needham

Needham analyst Scott Berg maintained a Buy rating on BigCommerce Holdings (BIGCResearch Report) today and set a price target of $85.00. The company’s shares closed last Tuesday at $33.79.

According to TipRanks.com, Berg is a 5-star analyst with an average return of 21.4% and a 58.8% success rate. Berg covers the Technology sector, focusing on stocks such as Ceridian HCM Holding, Tyler Technologies, and Bill.com Holdings.

Currently, the analyst consensus on BigCommerce Holdings is a Moderate Buy with an average price target of $66.80.

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The company has a one-year high of $96.66 and a one-year low of $34.71. Currently, BigCommerce Holdings has an average volume of 1.61M.

Based on the recent corporate insider activity of 144 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

BigCommerce Holdings Inc is a new era of ecommerce. Its software-as-a-service (SaaS) platform simplifies the creation of beautiful, engaging online stores by delivering a combination of ease-of-use, enterprise functionality, and flexibility. The company powers both its customers’ branded ecommerce stores and their cross-channel connections to popular online marketplaces, social networks, and offline point-of-sale systems.

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