Top Wall Street Forecasters Revamp Endava Expectations Ahead Of Q1 Earnings
1. Endava's Q1 earnings release on Nov. 11 expected at 18 cents per share. 2. Revenue forecast at $182.08 million, down from $195.05 million last year. 3. Analysts have mixed ratings; price targets have been lowered significantly. 4. Morgan Stanley reduced target from $17 to $11; Needham cut from $20 to $12. 5. Endava's shares rose 1.4% to close at $9.43 before earnings.