Truist raised the firm’s price target on Q2 Holdings to $65 from $60 and keeps a Buy rating on the shares. The company reported solid Q1 results with higher topline, bottom line, and cash flow metrics than the firm expected, the analyst tells investors in a research note. Truist adds that Q2 saw continued momentum with customer wins across net new, expansion, renewal deals.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on QTWO:
- Q2 Holdings price target raised to $62 from $50 at Raymond James
- Q2 Holdings price target raised to $60 from $48 at Stifel
- Q2 Holdings price target raised to $60 from $50 at Truist
- Generations Federal Credit Union partners with Q2 Holdings
- Los Angeles Police Federal Credit Union selects Q2 for digital banking