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ePlus (US:PLUS) target price raised to $68.00, reported today by Stifel

Yesterday ePlus (US:PLUS) traded -0.64% lower at $75.50. The company’s 50-day moving average is $82.05 and its 200-day moving average is $84.28. The last stock close price is down 9.70% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 132,289 shares of the stock were exchanged, up from an average trading volume of 74,670

ePlus (US:PLUS) had its target bumped up to $68.00 by Stifel in an issued report announced 5/25/2017. The bumped up target suggests a potential downside of -0.10% based on the company's last stock close price.

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ePlus (US:PLUS)

ePlus has a 52 week low of $44.20 and a 52 week high of $93.95 with a P/E ratio of 24.25 The company’s market cap is currently $0.

About ePlus (US:PLUS)

ePlus inc. is a holding company. The Company is engaged in the business of selling, leasing, financing and managing information technology. It operates through two segments: technology and financing. The technology segment sells information technology (IT) hardware products, third-party software and maintenance contracts, its own and third-party professional and managed services, and its software. The financing segment operations primarily consist of the financing of information technology equipment, software and related services. Both segments sell to commercial entities, state and local governments, government contractors and educational institutions. The Company is a provider of IT solutions, which enable organizations to optimize their IT environment and supply chain processes. It delivers and integrates IT products and software from various vendors, and provides private, hybrid, and public cloud solutions.

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