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8×8 Inc. (NDAQ:EGHT) target bumped down to $16.00, released a research note earlier today by Dougherty & Company

Boasting a price of $12.82, 8×8 Inc. (NDAQ:EGHT) traded 0.37% higher on the day. With the last close down -2.01% from the two hundred day average, compared with the S&P 500 Index which has increased 0.01% over the date range. 8×8 Inc. has recorded a 50-day average of $13.69 and a two hundred day average of $13.93. Volume of trade was down over the average, with 354,517 shares of EGHT changing hands under the typical 699,245

Dougherty & Company bumped down the target of 8×8 Inc. (NDAQ:EGHT) to $16.00 stating a potential upside of 0.25%.

Performance Chart

8x8 Inc. (NDAQ:EGHT)

With a total market value of $0, 8×8 Inc. has with a one year low of $10.30 and a one year high of $16.80 .

A total of 9 brokerages have issued a research note on the company. 3 brokerages rating the stock a strong buy, 6 brokerages rating the stock a buy, 2 brokerages rating the stock a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $14.08.

General Company Details For 8×8 Inc. (NDAQ:EGHT)

8×8, Inc. provides cloud-based, enterprise-class software solutions. The Company's solutions are delivered through Software as a Service (SaaS) business model. Its segments include Americas and Europe. Its software platform brings together cloud, mobile, collaboration, video and data science technologies. Through a combination of open application program interface (API) and pre-built integrations, its solutions leverage critical customer context from internal data systems and customer relationship management (CRM) systems. Its software product, branded as 8×8 Virtual Office, delivers voice as a service across the world. 8×8 Virtual Office enables a customer to use a single business phone number to place and receive calls from any supported device. It provides software to enable a multi-channel contact center under the 8×8 Virtual Contact Center brand. Its Virtual Office Meetings software solution is a tool for teams within the enterprise to meet and collaborate on a shared project.

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