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Stock Market & Financial Investment News

News Breaks
February 1, 2013
07:43 EDTCTCTConstant Contact weakness a buying opportunity, says Barrington
Barrington recommends buying shares of Constant Contact on any weakness following the company's Q4 results. The firm believes Constant Contact is positioned to outperform its conservative guidance and keeps an Outperform rating on the stock.
News For CTCT From The Last 14 Days
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July 25, 2014
08:56 EDTCTCTConstant Contact price target raised to $47 from $37 at Roth Capital
Roth Capital increased its price target on Constant Contact after the company reported higher than expected Q2 EPS. The firm thinks the company's share buybacks have significantly increased its value for shareholders. Roth views the stock's valuation as highly attractive and keeps a Buy rating on the shares.
08:36 EDTCTCTConstant Contact price target raised to $40 from $37 at Canaccord
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July 24, 2014
16:43 EDTCTCTConstant Contact announces $30M share repurchase plan
Under the share repurchase program, Constant Contact is authorized to repurchase up to $30M of the company's common stock. The company intends to purchase shares pursuant to a 10b5-1 trading plan through July 2015.
16:42 EDTCTCTConstant Contact backs FY14 adjusted EPS view $1.02, consensus $1.02
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16:40 EDTCTCTConstant Contact sees Q3 adjusted EPS 32c-33c, consensus 34c
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16:39 EDTCTCTConstant Contact reports Q2 adjusted EPS 22c, consensus 19c
Reports Q2 revenue $81.3M, consensus $81.17M. Gross margin was 72.8%, compared to 70.7% for the comparable period in 2013.

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