EverCommerce price target lowered to $9 from $10 at Barclays

Barclays lowered the firm’s price target on EverCommerce to $9 from $10 and keeps an Equal Weight rating on the shares post the Q4 report. The analyst believes the shares are likely to trade lower today as the company’s revenue growth excluding acquisitions) was below expectations. That said, the firm is pleased with EverCommerce’s strong operating leverage and focus on EverPro and EverHealth.