Stephens Assigns a Buy Rating on Everbridge (EVBG)

Stephens analyst Ryan MacWilliams assigned a Buy rating to Everbridge (EVBGResearch Report) today and set a price target of $105.00. The company’s shares closed last Monday at $91.02.

According to TipRanks.com, MacWilliams is a 3-star analyst with an average return of 8.1% and a 69.0% success rate. MacWilliams covers the Technology sector, focusing on stocks such as Zoom Video Communications, Slack Technologies, and Smartsheet.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Everbridge with a $106.33 average price target.

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The company has a one-year high of $104.22 and a one-year low of $59.85. Currently, Everbridge has an average volume of 353.7K.

Based on the recent corporate insider activity of 58 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EVBG in relation to earlier this year.

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Everbridge, Inc. engages in the development of software solutions for critical event management and enterprise safety applications that automate and accelerate an organization’s operational response to critical events.