Blackbaud, Inc.'s Earnings Continue Soaring Into the Clouds
Blackbaud (NASDAQ: BLKB) delivered another solid showing in the second quarter as its cloud-driven growth strategy continues winning over customers, which is driving steady organic growth. Aside from that growth, another impact of this transition is that the company is generating increasingly more predictable revenue. That's giving it more confidence that it will hit its full-year revenue and profit growth targets.
Metric
Q2 2017
Source: Fool.com
Blackbaud Inc. Stock
€73.00
-
Currently there is a rather positive sentiment for Blackbaud Inc. with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 82 € shows a slightly positive potential of 12.33% compared to the current price of 73.0 € for Blackbaud Inc..
