Constant Contact offering further discounts, says Dougherty

January 24, 2013

Dougherty has learned that Constant Contact is offering 20% discounts for customers that pre-pay for six months vs. the 10% published discount on its website. The firm believes Constant Contact continues to have difficulty attracting new customers and is trading in ARPU growth for gross subscriber additions. Shares are Sell rated with a $10 price target.