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home / news releases / EVCM - EverCommerce To Extend Transformation As Headwinds Continue (Downgrade)

EVCM - EverCommerce To Extend Transformation As Headwinds Continue (Downgrade)

EverCommerce Inc.

2024-04-30 10:18:00 ET

Summary

  • EverCommerce Inc. provides software solutions for small and medium-sized businesses, or SMBs, in the healthcare, wellness, and home service sectors.
  • The company is experiencing slower growth, and its transformation efforts will take a long time.
  • The market for IT spending in SMBs is projected to reach $988 billion by 2030, with China as the highest-growing region.
  • I'm downgrading my outlook for EverCommerce Inc. stock to Neutral - Hold on slower revenue growth.

Investment Outlook

EverCommerce Inc. ( EVCM ) sells vertically integrated software solutions to small and medium-sized businesses, or SMBs, in the healthcare, wellness and home service sectors....

For further details see:

EverCommerce To Extend Transformation As Headwinds Continue (Downgrade)
Stock Information
Company Name: EverCommerce Inc.
Stock Symbol: EVCM
Market: NASDAQ
Website: evercommerce.com
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