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EngageSmart (ESMT) Receives a New Rating from Needham

EngageSmart (ESMTResearch Report) received a Buy rating and a $40.00 price target from Needham analyst Scott Berg today. The company’s shares closed last Friday at $32.28.

According to TipRanks.com, Berg is a top 25 analyst with an average return of 33.8% and a 74.4% success rate. Berg covers the Technology sector, focusing on stocks such as BigCommerce Holdings, Ceridian HCM Holding, and Cornerstone Ondemand.

EngageSmart has an analyst consensus of Moderate Buy, with a price target consensus of $40.00.

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Engagesmart Inc is a provider of vertically tailored customer engagement software and integrated payments capabilities. It offers single instance, multi-tenant, true Software-as-a-Service vertical solutions that are designed to simplify customers’ engagement with clients by driving digital adoption and self-service.

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