Buy Rating Reaffirmed on Thryv as Fundamentals Improve and 2026 Outlook Holds, Price Target Unchanged at $6
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Analyst Scott Berg of Needham has reaffirmed a Buy rating on Thryv Holdings, maintaining a price target of $6.00. He cites improving fundamentals despite transition challenges, with quarterly results meeting expectations and a 5% software growth. Management's 2026 outlook remains consistent, anticipating SaaS revenue growth and improved EBITDA margins. While there are execution risks regarding customer additions, Berg believes the risk/reward is favorable, supporting his Buy recommendation and unchanged price target.
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