Northland initiated coverage of Asure Software with an Outperform rating and $19 price target. Asure is a "leading provider" of HCM software and the firm likes its diverse and growing client base, recurring revenue and strong retention. Northland believes the stock’s valuation multiple will close the gap relative to peers as Asure continues to scale and improves its margin profile, the analyst added.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on ASUR:
- Asure Software Announces Timing of First Quarter 2023 Financial Results
- Asure Software participates in a conference call with Craig-Hallum
- Asure Software Partners with Harbor Compliance to Help SMBs Streamline Registration Compliance
- Asure Software management to meet virtually with Barrington
- Asure Software says no deposit accounts with SVB or Signature Bank
