Crexendo price target raised to $9 from $8.50 at Lake Street

2 weeks ago 15

Skip to navigation Skip to main contented Skip to close file

TipRanks

Wed, March 4, 2026 astatine 7:44 AM CST 1 min read

Lake Street raised the firm’s price target connected Crexendo (CXDO) to $9 from $8.50 and keeps a Buy standing connected the shares. Picking up ESI for $35M marks the company’s biggest acquisition since 2021 and portion this is simply a bigger people than Crexendo’s emblematic $5M-$10M reseller deal, the steadfast believes “they got the plus for a bully price,” says the analyst, who adds that the steadfast believes the company’s greater standard volition travel with improved leverage.

Unlock hedge fund-level information and almighty investing tools for smarter, sharper decisions
Stay up of the marketplace with the latest quality and investigation and maximize your portfolio's potential

Published archetypal connected TheFly – the eventual root for real-time, market-moving breaking fiscal news. Try Now>>

See Insiders’ Hot Stocks connected TipRanks >>

Read More connected CXDO:

Disclaimer & DisclosureReport an Issue

Crexendo: Estech Acquisition Drives Retail Seat Expansion, Margin Upside, and Supports Buy Rating
Crexendo completes acquisition of Estech Systems
Is CXDO a Buy, Before Earnings?
Crexendo partners with AppDirect
Crexendo announces motorboat of Crexendo Marketplace

Read Entire Article