Published On: Wed, Oct 19th, 2016

Model N, Inc. (NYSE:MODN) Updated Broker Ratings


A number of investment brokers have recently updated their price targets on shares of Model N, Inc. (NYSE:MODN).

Most recent broker ratings

08/09/2016 – Model N, Inc. had its “buy” rating reiterated by analysts at Deutsche Bank. They now have a USD 16 price target on the stock.

08/09/2016 – Model N, Inc. was downgraded to “market perform” by analysts at JMP Securities.

02/16/2016 – Craig-Hallum began new coverage on Model N, Inc. giving the company a “buy” rating. They now have a USD 17 price target on the stock.

07/10/2014 – Northland Securities began new coverage on Model N, Inc. giving the company a “outperform” rating. They now have a USD 13 price target on the stock.

03/03/2014 – Model N, Inc. was upgraded to “buy” by analysts at Thomson Reuters/Verus.

11/20/2013 – Model N, Inc. had its “hold” rating reiterated by analysts at Stifel Nicolaus. They now have a USD 25 price target on the stock.

The share price of Model N, Inc. (NYSE:MODN) was up +2.01% during the last day of trading, with a day high of 10.20. 16795 shares were traded during the last session.

The stock’s 50 day moving average is 10.57 and its 200 day moving average is 11.61. The stock’s market capitalization is 280.82M. Model N, Inc. has a 52-week low of 9.19 and a 52-week high of 13.98.

Model N, Inc. is a provider of revenue management solutions for life science and technology companies. The Company’s solutions enable its customers to maximize revenues and reduce revenue compliance risk by transforming their revenue life cycle from a series of tactical, disjointed operations into a strategic end-to-end process. The Company’s solutions include Revenue Enterprise Cloud, Revenue Intelligence Cloud and Revvy Revenue Management. The Company provides solutions that span the organizational and operational boundaries of functions, such as sales, marketing and finance, and serve as a system of record for revenue management processes, including pricing, contracts, rebates, incentives and regulatory compliance. The Company’s application suites are designed to work with enterprise resource planning (ERP) and customer relationship management (CRM) applications. The Company also offers implementation services, managed services, strategic services and customer support.