Constant 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.
Constant 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.