Price Action Alert: What’s Xactly Corp Upside After Today’s Huge Increase?

Price Action Alert: What's Xactly Corp Upside After Today's Huge Increase?

The stock of Xactly Corp (NYSE:XTLY) is a huge mover today! About 887,347 shares traded hands or 143.82% up from the average. Xactly Corp (NYSE:XTLY) has risen 153.79% since February 29, 2016 and is uptrending. It has outperformed by 141.58% the S&P500.
The move comes after 6 months positive chart setup for the $486.84 million company. It was reported on Oct, 4 by We have $35.43 PT which if reached, will make NYSE:XTLY worth $628.02M more.

Xactly Corp (NYSE:XTLY) Ratings Coverage

Out of 7 analysts covering Xactly Corporation (NYSE:XTLY), 6 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 86% are positive. Xactly Corporation has been the topic of 17 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Xactly Corp (NYSE:XTLY) has “Buy” rating given on Thursday, January 14 by Dougherty & Company. The rating was initiated by UBS with “Neutral” on Tuesday, July 21. The rating was maintained by UBS with “Neutral” on Friday, September 9. The stock of Xactly Corp (NYSE:XTLY) has “Buy” rating given on Tuesday, July 21 by Deutsche Bank. The rating was maintained by Needham on Friday, September 9 with “Buy”. Needham reinitiated Xactly Corp (NYSE:XTLY) on Wednesday, May 18 with “Buy” rating. Dougherty & Company maintained the stock with “Buy” rating in Monday, May 23 report. Dougherty & Company maintained Xactly Corp (NYSE:XTLY) rating on Friday, September 9. Dougherty & Company has “Buy” rating and $20 price target. As per Friday, September 9, the company rating was maintained by Lake Street. Oppenheimer initiated Xactly Corp (NYSE:XTLY) rating on Tuesday, July 21. Oppenheimer has “Outperform” rating and $12 price target.

According to Zacks Investment Research, “Xactly Corporation offers software solutions. The company provides enterprise-class, cloud-based, incentive compensation solutions. Its product consists of Xactly Incent Enterprise, Xactly Incent Express, Xactly Objectives and Xactly Insights. Xactly Corporation is headquartered in San Jose, California.”

More notable recent Xactly Corp (NYSE:XTLY) news were published by: which released: “SA author still a bull on Xactly Corp after big run higher” on August 07, 2016, also with their article: “Xactly hopes to raise $75M in IPO” published on May 19, 2015, published: “Xactly Corp’s (XTLY) ‘Buy’ Rating Maintained at Dougherty into Q2 Results” on September 06, 2016. More interesting news about Xactly Corp (NYSE:XTLY) were released by: and their article: “Why Xactly Corporation (XTLY) Stock Might be a Great Pick” published on June 22, 2016 as well as‘s news article titled: “Xactly CEO Cabrera on why he just inked a deal for a new downtown SJ headquarters” with publication date: August 11, 2014.

XTLY Company Profile

Xactly Corporation, incorporated on March 1, 2005, is a well-known provider of cloud incentive compensation solutions for employee and sales performance management. The Firm delivers its solutions through a software-as-a-service (SaaS) business model. The Firm has a customer base, including companies in various industries, such as business and financial services, communications, life sciences, media and Internet, SaaS and traditional software, and retail. The Company’s SaaS solutions are delivered through a cloud platform. The Company’s solutions support finance, sales, compensation administrators, information technology and human resources personnel in designing, processing and managing incentive compensation. The Firm offers products, including Xactly Incent Enterprise, Xactly Incent Express, Xactly Objectives, Xactly Territories, Xactly Insights, Xactly Quota, Xactly Incent Views, Xactly Inspire and Xactly Connect.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Comment