On Nov 09, major Wall Street analysts update their ratings for $BigCommerce Holdings (BIGC.US)$, with price targets ranging from $7 to $9.
Morgan Stanley analyst Josh Baer maintains with a hold rating, and maintains the target price at $8.
Barclays analyst Raimo Lenschow maintains with a hold rating, and maintains the target price at $7.
UBS analyst Chris Kuntarich maintains with a hold rating, and adjusts the target price from $8.5 to $7.
Stifel analyst J. Parker Lane maintains with a buy rating, and adjusts the target price from $8 to $9.
KeyBanc analyst Justin Patterson maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $BigCommerce Holdings (BIGC.US)$'s main analysts recently are as follows:
BigCommerce's recent performance exceeded consensus expectations on total revenue for Q3, although its Annual Recurring Revenue was not as strong, coupled with Q4 guidance that did not meet projections. The company has also initiated a restructuring process, signaling that it's in the preliminary phase of reorienting towards enhanced growth prospects. It is anticipated that investors may await tangible advancements before further elevating the stock's value.
Here are the latest investment ratings and price targets for $BigCommerce Holdings (BIGC.US)$ from 5 analysts:
Note:
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