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Stephens Thinks Everbridge’s Stock is Going to Recover

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Stephens analyst Brian Colley maintained a Buy rating on Everbridge (EVBGResearch Report) today and set a price target of $58.00. The company’s shares closed last Monday at $35.82, close to its 52-week low of $27.81.

According to TipRanks.com, Colley is ranked #6530 out of 7878 analysts.

Everbridge has an analyst consensus of Hold, with a price target consensus of $44.50.

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The company has a one-year high of $167.40 and a one-year low of $27.81. Currently, Everbridge has an average volume of 1.33M.

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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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