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I3 Verticals dips on analyst initiations

Published 07/16/2018, 05:06 PM
© Reuters.  I3 Verticals dips on analyst initiations
IIIV
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  • KeyBanc initiates i3 Verticals (NASDAQ:IIIV) at an Overweight rating with a $21 price target.
  • Analyst Josh Beck cites the company’s excellent execution on over 20 acquisitions with future deals offering an upside source.
  • Cowen initiates i3 at Outperform with a $20 target.
  • Analyst George Mihalos cites the “aggressive” M&A strategy that could augment high-single-digit revenue growth and double-digit EBITDA expansion.
  • Source: Bloomberg First Word.
  • I3 shares are down 0.3% aftermarket to $16.70.
  • Now read: I3 Verticals Readies Plans For Million IPO


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