ServiceSource International Inc (SREV) Gets a Hold Rating from B.Riley FBR

By Carrie Williams

B.Riley FBR analyst Zach Cummins maintained a Hold rating on ServiceSource International Inc (SREVResearch Report) today and set a price target of $0.85. The company’s shares closed last Monday at $0.90.

According to TipRanks.com, Cummins is ranked 0 out of 5 stars with an average return of -16.4% and a 30.1% success rate. Cummins covers the Technology sector, focusing on stocks such as American Software, ChannelAdvisor, and AudioEye Inc.

The word on The Street in general, suggests a Hold analyst consensus rating for ServiceSource International Inc with a $0.85 average price target.

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The company has a one-year high of $1.48 and a one-year low of $0.70. Currently, ServiceSource International Inc has an average volume of 242.2K.

Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SREV in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

ServiceSource International, Inc. engages in the provision of performance-based customer success and revenue growth solutions. It offers inside sales, revenue retention, sales enablement, and channel management services. The firm serves hardware, software, cloud and medical devices markets.