Craig Hallum Analysts Give Q2 Holdings, Inc. (QTWO) a $45.00 Price Target

Q2 Holdings, Inc. (NYSE:QTWO) has been assigned a $45.00 price target by Craig Hallum in a research note issued on Friday. The firm presently has a “buy” rating on the stock. Craig Hallum’s target price indicates a potential upside of 26.23% from the stock’s current price.

A number of other research firms have also recently issued reports on QTWO. Needham & Company LLC restated a “buy” rating and set a $34.00 target price on shares of Q2 Holdings in a research note on Tuesday, December 13th. RBC Capital Markets restated a “buy” rating and set a $35.00 target price on shares of Q2 Holdings in a research note on Wednesday. Canaccord Genuity restated a “buy” rating on shares of Q2 Holdings in a research note on Thursday, November 3rd. BTIG Research restated a “hold” rating on shares of Q2 Holdings in a research note on Wednesday, December 14th. Finally, Pacific Crest assumed coverage on shares of Q2 Holdings in a research note on Friday, November 18th. They set a “sector weight” rating for the company. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $34.50.

Analyst Recommendations for Q2 Holdings (NYSE:QTWO)

Q2 Holdings (NYSE:QTWO) traded up 1.12% during mid-day trading on Friday, reaching $36.05. 230,709 shares of the company were exchanged. The company’s 50 day moving average price is $31.15 and its 200-day moving average price is $29.49. The stock’s market capitalization is $1.45 billion. Q2 Holdings has a 12-month low of $19.55 and a 12-month high of $36.50.

“Craig Hallum Analysts Give Q2 Holdings, Inc. (QTWO) a $45.00 Price Target” was first published by Web Breaking News and is the sole property of of Web Breaking News. If you are reading this report on another domain, it was stolen and republished in violation of U.S. and international copyright & trademark laws. The correct version of this report can be viewed at http://www.webbreakingnews.com/2017/02/17/craig-hallum-analysts-give-q2-holdings-inc-qtwo-a-45-00-price-target.html.

In related news, SVP Barry G. Benton sold 1,100 shares of Q2 Holdings stock in a transaction that occurred on Monday, November 21st. The shares were sold at an average price of $32.10, for a total transaction of $35,310.00. Following the sale, the senior vice president now directly owns 14,623 shares of the company’s stock, valued at approximately $469,398.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Carl James Schaper sold 20,000 shares of Q2 Holdings stock in a transaction that occurred on Tuesday, December 27th. The shares were sold at an average price of $28.94, for a total transaction of $578,800.00. Following the sale, the director now directly owns 21,110 shares in the company, valued at $610,923.40. The disclosure for this sale can be found here. Insiders sold a total of 80,612 shares of company stock valued at $2,403,964 over the last 90 days. Corporate insiders own 38.10% of the company’s stock.

Several large investors have recently made changes to their positions in the stock. Teacher Retirement System of Texas raised its stake in shares of Q2 Holdings by 24.3% in the second quarter. Teacher Retirement System of Texas now owns 3,554 shares of the company’s stock valued at $100,000 after buying an additional 695 shares during the period. Bienville Capital Management LLC bought a new stake in shares of Q2 Holdings during the second quarter valued at about $222,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Q2 Holdings during the fourth quarter valued at about $331,000. Hamilton Lane Advisors LLC bought a new stake in shares of Q2 Holdings during the third quarter valued at about $335,000. Finally, Flinton Capital Management LLC bought a new stake in shares of Q2 Holdings during the fourth quarter valued at about $429,000. 93.68% of the stock is currently owned by institutional investors.

Q2 Holdings Company Profile

Q2 Holdings, Inc is a provider of secure, cloud-based virtual banking solutions. The Company enables regional and community financial institutions (RCFIs) to deliver a range of virtual banking services. The Company delivers virtual banking solutions across online, mobile, voice and tablet channels. The Company’s solutions are the point of interaction between its RCFI customers and their account holders.

5 Day Chart for NYSE:QTWO

Receive News & Ratings for Q2 Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Q2 Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Nike Suspends Relationship with Maria Sharapova
Nike Suspends Relationship with Maria Sharapova
Rob Bironas Ex-Titans Kicker Dies in Car Crash
Rob Bironas Ex-Titans Kicker Dies in Car Crash
Ron Washington Leaves Texas Rangers Due to an Affair
Ron Washington Leaves Texas Rangers Due to an Affair
Jonathan Dwyer Falls in Line with Other Banned NFL Players
Jonathan Dwyer Falls in Line with Other Banned NFL Players
Tony Stewart Case Going to the Grand Jury
Tony Stewart Case Going to the Grand Jury
Oscar Pistorius “Blade Runner” Found Not Guilty of Murder
Oscar Pistorius “Blade Runner” Found Not Guilty of Murder


Leave a Reply

 
© 2006-2017 Web Breaking News.