Bill price target lowered to $68 from $80 at Seaport Research

Seaport Research lowered the firm’s price target on Bill to $68 from $80 and keeps a Buy rating on the shares. The company reported “solid” Q4 results, but its guidance for FY25 was below expectations, the analyst tells investors. The firm lowered its FY25 revenue and adjusted operations income forecasts, but FY26 sounded better than expected and suggests the company’s revenue growth will eventually accelerate.