SHSP - SharpSpring -8% on downgrade by Roth Capital

Roth Capital analyst Darren Aftahi downgraded SharpSpring ([[SHSP]] -8.4%) to Neutral from Buy.The PT revised to $17, up from previous $15.The analyst believes the company needs to show it can consistently grow at or above peers before he become more constructive on shares and further multiple expansion can occur.Quick look at past six month performance against peers here.While some form of valuation arbitrage may have driven shares as of late, Aftahi thinks shares are fairly-valued with risk-reward more neutral.Quick look at the company's momentum grade.Company missed Q3 earnings estimates.Contributor comments: 'SHSP trades at a low multiple of revenue at 3x.'

For further details see:

SharpSpring -8% on downgrade by Roth Capital