Crexendo price target raised to $6 from $4.50 at Northland

Northland raised the firm’s price target on Crexendo to $6 from $4.50 and keeps an Outperform rating on the shares. Northland believes Crexendo has exited FY23 with strong trends given its reliable technology platform, strong execution and small business market focus, the analyst tells investors in a research note.