Crexendo price target raised to $9 from $8.50 at Lake Street

7 months ago 33

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Wed, March 4, 2026 astatine 7:44 AM CST 1 min read

Lake Street raised the firm’s price target connected Crexendo (CXDO) to $9 from $8.50 and keeps a Buy standing connected the shares. Picking up ESI for $35M marks the company’s biggest acquisition since 2021 and portion this is simply a bigger people than Crexendo’s emblematic $5M-$10M reseller deal, the steadfast believes “they got the plus for a bully price,” says the analyst, who adds that the steadfast believes the company’s greater standard volition travel with improved leverage.

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