8''8 Upgraded to Outperform by Northland Capital (EGHT)

 Source: ABMN Staff   |   Publish date: Sat, 2 Mar 2013, 02:31 PM   |    >> Read article in News website

8×8 (NASDAQ: EGHT) was upgraded by analysts at Northland Capital from a “market perform” rating to an “outperform” rating in a research report issued to clients and investors on Friday. The firm currently has a $8.00 price target on the stock.

A number of other firms have also recently commented on EGHT. Analysts at Northland Securities downgraded shares of 8×8 from an “outperform” rating to a “market perform” rating in a research note to investors on Friday, January 25th. They now have a $7.50 price target on the stock. Analysts at Stephens initiated coverage on shares of 8×8 in a research note to investors on Monday, December 17th. They set an “overweight” rating and a $9.00 price target on the stock.

Four equities research analysts have rated the stock with a buy rating, one has issued an overweight rating, and two have issued a hold rating to the stock. The company has a consensus rating of “overweight” and a consensus target price of $8.40.

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