EverCommerce (NASDAQ:EVCM) Shares Gap Down - Should You Sell?

Market Beat
2026.01.05 19:17
portai
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EverCommerce (NASDAQ:EVCM) shares gapped down from $11.55 to $11.05 before trading at $11.3970. Analysts have downgraded the stock, with Royal Bank of Canada setting a $12.00 price target and Zacks Research lowering it to a hold rating. Insider selling has occurred, with significant shares sold by the president and CEO. Institutional investors hold 97.91% of the stock. EverCommerce provides SaaS solutions for local service businesses, aiming to enhance customer interactions and streamline operations.