SVMK +11.7% on Q2 beats, UBS upgrade [Seeking Alpha]
SVMK INC COMMON (SVMK)
Last svmk inc common earnings: 2/13 04:02 pm
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Source: Seeking Alpha
UBS upgrades SVMK (NASDAQ: SVMK ) from Neutral to Buy and lifts the target from $18 to $24 after yesterday's earnings report. The firm cites valuation and SVMK management's execution against the large TAM opportunity. SVMK reported Q2 beats with 20% Y/Y revenue growth with in-line revenue guidance that sees $77-78M for Q3 and $302-306M for FY19. Earnings press release . SVMK shares are up pre-market to $18.44. The company has an Outperform average Sell Side rating . See all stocks on the move » Now read: Deutsche bullish on PINS Q2 report » Subscribe for full text news in your inbox
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