Piper Sandler Initiates Coverage on BigCommerce (NASDAQ:BIGC)
Posted by ABMN Staff on Nov 18th, 2020
BigCommerce logoStock analysts at Piper Sandler initiated coverage on shares of BigCommerce (NASDAQ:BIGC) in a research report issued on Wednesday, Stock Target Advisor reports. The firm set an “overweight” rating and a $83.00 price target on the stock. Piper Sandler’s target price would indicate a potential upside of 22.96% from the stock’s current price.
Several other equities research analysts have also weighed in on BIGC. Raymond James began coverage on shares of BigCommerce in a report on Monday, August 31st. They issued a “market perform” rating on the stock. They noted that the move was a valuation call. Guggenheim assumed coverage on BigCommerce in a report on Monday, October 26th. They issued a “sell” rating and a $65.00 target price on the stock. KeyCorp started coverage on BigCommerce in a research note on Monday, August 31st. They issued a “sector weight” rating on the stock. Needham & Company LLC started coverage on BigCommerce in a research note on Monday, August 31st. They issued a “buy” rating and a $132.00 target price for the company. Finally, Stifel Nicolaus began coverage on shares of BigCommerce in a research report on Monday. They set a “buy” rating and a $80.00 price target on the stock. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $87.58.
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