TD Cowen lowered the firm’s price target on Asure Software to $10 from $12 and keeps a Buy rating on the shares. The firm said valuation remains deeply discounted but cleaner core execution is the needed catalyst to change that; the company’s outlook implies such a ramp as it moves through 2024.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASUR:
- Asure Software price target raised to $8.50 from $8 at Lake Street
- Asure Software sees FY24 revenue $125M-$129M, consensus $123.68M
- Asure Software sees Q2 revenue $28M-$29M, consensus $31.07M
- Asure Software reports Q1 EPS (1c), consensus 20c
- UPDATE: Asure Partners with HRlogics to Empower Clients with Access to Capital through Employer Tax Credits and Hiring Incentives