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Needham Reaffirms Their Buy Rating on Everpure (P)

Tipranks - Tipranks - Fri May 29, 6:20AM CDT

In a report released today, Mike Cikos from Needham reiterated a Buy rating on Everpure, with a price target of $100.00.

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Cikos covers the Technology sector, focusing on stocks such as Tenable Holdings, Fortinet, and Nutanix. According to TipRanks, Cikos has an average return of 9.7% and a 52.70% success rate on recommended stocks.

In addition to Needham, Everpure also received a Buy from Piper Sandler’s James Fish in a report issued today. However, on the same day, Barclays assigned a Hold rating to Everpure (NYSE: P).

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Based on Everpure’s latest earnings release for the quarter ending February 1, the company reported a quarterly revenue of $1.06 billion and a net profit of $100.25 million. In comparison, last year the company earned a revenue of $879.84 million and had a net profit of $42.44 million

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