8×8 price target raised to $2.60 from $2 at Morgan Stanley

TipRanks12-19

Morgan Stanley raised the firm’s price target on 8×8 (EGHT) to $2.60 from $2 and keeps an Underweight rating on the shares. Communication software had “disappointing performance for much of 2024,” but...

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Communication software had “disappointing performance for much of 2024,” but...</p>\n\n<a href=\"https://finance.yahoo.com/news/8-8-price-target-raised-123612448.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EGHT","symbol_name":"8x8 Inc","start_time":0,"source_url":"https://finance.yahoo.com/news/8-8-price-target-raised-123612448.html","article_id":"2492012746","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/SAICltmuLgmQaK.qiQB0Cg--~B/aD0xOTI7dz0xOTI7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/tipranks_452/d9491735df358cd245e88d03b92dc707"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/8-8-price-target-raised-123612448.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2492012746","pubTimestamp":1734611772,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Morgan Stanley raised the firm’s price target on 8×8  to $2.60 from $2 and keeps an Underweight rating on the shares. Communication software had “disappointing performance for much of 2024,” but a second half rotation and focus on reacceleration potential helped some names, such as Twilio , the analyst wrote in a 2025 outlook note for the group. Entering 2025, the space has broadened portfolios, but the firm argues that it will be the names with “accelerating growth stories or extreme FCF support that we think will find outperformance,” the analyst tells investors.Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks. Mizuho downgrades 8×8 to to Underperform on lack of sales growth. 8×8 downgraded to Underperform from Neutral at Mizuho. Boeing union to end strike, Palantir reports Q3 beat: Morning Buzz","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"EGHT":"8x8 Inc"},"translate_title":"摩根士丹利将8 × 8目标价从2美元上调至2.60美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EGHT":0.9},"content_text":"Morgan Stanley raised the firm’s price target on 8×8 (EGHT) to $2.60 from $2 and keeps an Underweight rating on the shares. Communication software had “disappointing performance for much of 2024,” but a second half rotation and focus on reacceleration potential helped some names, such as Twilio (TWLO), the analyst wrote in a 2025 outlook note for the group. Entering 2025, the space has broadened portfolios, but the firm argues that it will be the names with “accelerating growth stories or extreme FCF support that we think will find outperformance,” the analyst tells investors.\n\nPick the best stocks and maximize your portfolio:\n\nDiscover top-rated stocks from highly ranked analysts with Analyst Top Stocks!\nEasily identify outperforming stocks and invest smarter with Top Smart Score Stocks\n\n\n\nPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>\n\n\nSee Insiders’ Hot Stocks on TipRanks >> \n\n\nRead More on EGHT:\n\nMizuho downgrades 8×8 to to Underperform on lack of sales growth\n8×8 downgraded to Underperform from Neutral at Mizuho\n8×8 announces partnership with Descope\n8×8 Strengthens Board with New Director Appointment\nBoeing union to end strike, Palantir reports Q3 beat: Morning Buzz","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492012746"}