ServiceSource International (SREV) : Zacks Investment Research ranks ServiceSource International (SREV) as 1, which is a Strong Buy recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. The average broker rating of 2 research analysts is 2.5, which indicates as a Buy.
ServiceSource International (SREV) : The highest short term price target forecast on ServiceSource International (SREV) is $7 and the lowest target price is $4. A total of 3 equity analysts are currently covering the company. The average price of all the analysts is $6 with a standard deviation of $1.73.
Company shares have received an average consensus rating of Hold for the current week
ServiceSource International (NASDAQ:SREV): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $4.08 and $4.05 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $4.23. The buying momentum continued till the end and the stock did not give up its gains. It closed at $4.17, notching a gain of 2.71% for the day. The total traded volume was 1,474,694 . The stock had closed at $4.06 on the previous day.
ServiceSource International, Inc. (ServiceSource) is a recurring revenue growth solutions provider. The Company addresses elements of customer success, recurring revenue growth and renewal processes, which include on-boarding, adoption, quoting, up-sell, cross sell, retention and renewals, as well as recurring revenue business intelligence for the Revenue Lifecycle. The Company provides managed services and cloud software processes. By integrating managed services, cloud software and data, the Company provides end-to-end management and optimization of the subscription and service-contract renewal process. The Companys cloud offerings include: ServiceSource Revenue Analytics, Renew OnDemand and the ServiceSource Customer Success application, which automate and provide data-driven insights into these manual business processes. The Company operates in two segments: Managed Services and Cloud and Business Intelligence.