Wedbush lowered the firm’s price target on Consensus Cloud Solutions to $58 from $67 and keeps an Outperform rating on the shares. The firm notes the company delivered Q4 results featuring misses on revenue, Adjusted EBITDA, and EPS as Consensus Cloud Solutions continues to experience a difficult macro while customers continue making slower decisions creating longer sales cycles.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on CCSI:
