Stephens & Co. Maintains Equal-Weight Rating for Q2 Holdings: Here's What You Need To Know

Stephens & Co. has decided to maintain its Equal-Weight rating of Q2 Holdings QTWO and lower its price target from $38.00 to $32.00.

Shares of Q2 Holdings are trading up 1.7% over the last 24 hours, at $32.26 per share.

A move to $32.00 would account for a 0.81% decrease from the current share price.

About Q2 Holdings

Q2 Holdings Inc. is a provider of cloud-based virtual banking solutions for regional financial institutions to deliver mobile banking services to retail and commercial end-users who wish to bank anywhere and anytime. Its solutions operate on an integrated tablet-first platform which provides financial institutions a comprehensive view of account holder activity, and meets the regulatory and security requirements applicable to the industry. The firm generates revenue from subscription-based arrangements for software offerings, typically for five years. A large majority of the firm's revenue is generated in the United States.

About Analyst Ratings

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.