RBC Capital raised the firm’s price target on Q2 Holdings to $38 from $32 and keeps a Sector Perform rating on the shares after its Q2 results. The company continued to benefit from a positive revenue mix shift and cost control efforts that begun last year, the analyst tells investors in a research note.
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Read More on QTWO:
- Q2 Holdings price target raised to $30 from $24 at Piper Sandler
- Q2 Holdings price target raised to $42 from $36 at BTIG
- Q2 Holdings narrows FY23 revenue view to $620M-$628M, consensus $625.05M
- Q2 Holdings sees Q3 revenue $153.5M-$156.5M, consensus $156.81M
- Q2 Holdings reports Q2 EPS (41c) vs (44c) last year
