09:43:03 EDT Wed 01 May 2024
Enter Symbol
or Name
USA
CA



Coveo Solutions Inc
Symbol CVO
Shares Issued 51,608,479
Close 2023-11-17 C$ 10.57
Market Cap C$ 545,501,623
Recent Sedar Documents

Globe says Coveo Solutions maintained at "outperform"

2023-11-17 08:22 ET - In the News

The Globe and Mail reports in its Friday, Nov. 17, edition that RBC Capital Markets analyst Paul Treiber continues to rate Coveo Solutions "outperform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Treiber boosted his share target by a loonie to $14. Analysts on average target the shares at $12.85. Mr. Treiber says in a note: "We attended Coveo's second Capital Markets Day. Global awareness of GenAI is driving a surge of demand for enterprise search and other foundational data technologies, which are crucial underpinnings for GenAI. Coveo has several large potential catalysts that we believe are likely to help re-accelerate bookings and SaaS growth over the next several quarters. We believe high-profile customer wins and improved growth would lead to an upward valuation re-rating of the stock." The Globe reported on June 9, 2022, that Mr. Treiber had reaffirmed his "outperform" recommendation for Coveo Solutions. The shares could then be had for $6.25. The Globe reported on Sept. 12, 2023, that BMO analyst Thanos Moschopoulos had reaffirmed his "outperform" recommendation for Coveo Solutions. The shares were then going for $11.18.

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