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0 0.000507743082000587 0.00203097232800199 -0.0012693577050012 -0.00710840314800714 -0.00431581619700436 -0.0149784209190149 0.0378268596090379
Stock impact report

Wall Street Has a Mixed Opinion on Vertex, Inc (VERX) Ahead of Q3 Earnings [Yahoo! Finance]

Vertex, Inc. - Class A (VERX) 
Company Research Source: Yahoo! Finance
opinion on Vertex, Inc. (NASDAQ:VERX) as the company approaches its fiscal third-quarter results, scheduled to be announced on November 3. Management expects the quarterly revenue to be in the range of $190 million to $193 million. While the adjusted EBITDA is anticipated to reach $39% million at the mid-point. On October 28, Steve Enders from Citi maintained a Hold rating on Vertex, Inc. (NASDAQ:VERX) and lowered the price target from $31 to $29. However, earlier on October 21, Joshua Reilly from Needham reiterated a Buy rating on the stock with a price target of $40. The analyst sees the appointment of Mr Young as the CEO of the company to be a positive step. He noted that Young's experience in top technology companies is anticipated to bring operational efficiency to Vertex, Inc. (NASDAQ:VERX). Reilly also highlighted the company's pre-release of fiscal third-quarter earnings, which showed a significant EBITDA beat and a modest revenue beat. Vertex, Inc. (NASDAQ:VERX) provide Show less Read more
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