Roth MKM Keeps Their Buy Rating on eGain (EGAN)
Roth MKM analyst Richard Baldry reiterated a Buy rating on eGain yesterday and set a price target of $20.00.
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According to TipRanks, Baldry is a 5-star analyst with an average return of 18.4% and a 57.99% success rate. Baldry covers the Technology sector, focusing on stocks such as Zeta Global Holdings Corp, eGain, and Salesforce.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for eGain with a $8.25 average price target.
Based on eGain’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $23.23 million and a net profit of $30.87 million. In comparison, last year the company earned a revenue of $22.46 million and had a net profit of $1.51 million
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