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Stock impact report

Crexendo price target raised to $9 from $8.50 at Lake Street [Yahoo! Finance]

Crexendo, Inc. (CXDO) 
NASDAQ:AMEX Investor Relations: crexendo.com/investor
Company Research Source: Yahoo! Finance
Picking up ESI for $35M marks the company's biggest acquisition since 2021 and while this is a bigger target than Crexendo's typical $5M-$10M reseller deal, the firm believes “they got the asset for a good price,” says the analyst, who adds that the firm believes the company's greater scale will come with improved leverage. Claim 70% Off TipRanks Premium Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now See Insiders' Hot Stocks on TipRanks Read More on CXDO: Disclaimer & Disclosure Report an Issue Crexendo: Estech Acquisition Drives Retail Seat Expansion, Margin Upside, and Supports Buy Rating Crexendo completes acquisition of Estech Systems Is CXDO a Buy, Before Earnings? Crexendo partners with AppDirect Crexendo an Show less Read more
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