Baird analyst David Koning raised the firm’s price target on Bill to $140 from $96 and keeps a Neutral rating on the shares. The firm said the company will likely reports FQ4 in late August and they view risk/reward as generally balanced given sentiment fears on SMBs/macro, but like the long-term theme a lot.
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Read More on BILL:
- Bill price target raised to $110 from $92 at Mizuho
- Jefferies Internet, tech/software analysts hold analyst/industry conference call
- Bill assumed with an Equal Weight at Morgan Stanley
- Bill price target raised to $160 from $115 at Susquehanna
- Bill price target raised to $136 from $115 at Goldman Sachs