Market Overview

UPDATE: Morgan Stanley Reiterates On Endurance International Following Investor Meeting

Related EIGI
Roth Capital Downgrades Constant Contact To Sell
Roth Analysts Prefer Other SaaS Stocks Instead Of Constant Contact; Cut Rating
Stakes Chris Davis Sold Out During the 3rd Quarter (GuruFocus)

In a report published Wednesday, Morgan Stanley analyst Simon Flannery reiterated an Overweight rating on Endurance International (NASDAQ: EIGI), but removed the $16.00 price target.

In the report, Morgan Stanley noted, “Management is upbeat about 2014. Current FY guidance sees revenue acceleration to 20.6-21.6% Y/Y (14% pro forma for Directi) as improving economic confidence helps subscriber growth and continued upselling of products help ARPS.”

Endurance International closed on Tuesday at $13.69.

Latest Ratings for EIGI

Nov 2015OppenheimerUpgradesPerformOutperform
Nov 2015Cowen & CompanyDowngradesOutperformMarket Perform
May 2015Deutsche BankInitiates Coverage onHold

View More Analyst Ratings for EIGI
View the Latest Analyst Ratings

Posted-In: Morgan Stanley Simon FlanneryAnalyst Color Price Target Analyst Ratings


Related Articles (EIGI)

View Comments and Join the Discussion!

Get Benzinga's Newsletters