Craig-Hallum Sticks to Its Hold Rating for eGain (EGAN)
Craig-Hallum analyst Jeff Van Rhee reiterated a Hold rating on eGain today and set a price target of $15.00.
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According to TipRanks, Van Rhee is a 5-star analyst with an average return of 15.6% and a 52.54% success rate. Van Rhee covers the Technology sector, focusing on stocks such as Rimini Street, Cellebrite DI, and Upland Software.
eGain has an analyst consensus of Moderate Buy, with a price target consensus of $17.50.
Based on eGain’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $23.51 million and a net profit of $2.82 million. In comparison, last year the company earned a revenue of $21.8 million and had a net profit of $652 thousand
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