Zacks Industry Outlook Highlights: Criteo, Donnelley Financial Solutions and ChannelAdvisor
The mean of analysts' price targets for ChannelAdvisor (ECOM) points to a 26.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
ChannelAdvisor (ECOM) delivered earnings and revenue surprises of 31.25% and 0.21%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?