Ellie Mae takeout valuation could be $29-$38 per share, says Maxim Following Bloomberg's report yesterday, Maxim said it would not rule out a sale of Ellie Mae given the stock’s low valuation relative to strong fundamentals. The firm believes Ellie Mae would represent a good strategic fit for a larger financial services vendor and estimates a takeout valuation of $29 to $38 per share. Maxim has a Buy rating on the stock.
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