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Constant Contact, Inc. (CTCT) Message Board

  • nusaiba nusaiba Oct 31, 2012 8:23 AM Flag

    Canaccord Genuity reiterates its Buy rating on Constant Contact (NASDAQ: CTCT) and its price target $27.

    Canaccord Genuity reiterates its Buy rating on Constant Contact (NASDAQ: CTCT) and its price target $27.

    Canaccord Genuity notes, "CTCT's sell-off seems overdone. The acquisition of SinglePlatform fills an important search and digital storefront hole in the firm's SMB marketing platform. For the first time, the CTCT story is about execution rather than aspirational new features or playing defense in the narrow email segment. We expect metrics to improve from here and with that, the stock price."

 
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38.15-1.53(-3.86%)Apr 17 4:00 PMEDT