- Citigroup analyst Andrew Schmidt initiates coverage on Bill.com Holdings Inc (NYSE:BILL) with a Buy rating and a price target of $131.
- BILL is a scarce pure-play on B2B commerce digitization and intelligence for SMBs, per the analyst in a note titled ” Buy BILL – King of the SMB Cash Conversion Cycle.”
- It drives digitization and automation across the cash conversion cycle via AP, AR, payments, and other tools.
- The large end market and secular B2B Payments and Software growth runway are the foundation of the opportunity on top of this, the company has built efficient SMB distribution and a 4.7+ million B2B network, which are difficult-to-replicate growth assets.
- These assets and execution support myriad ways to win.
- Correspondingly, it has an attractive, higher-growth financial model and is profitably scaling.
- The near-term macro environment remains. However, the longer-term positives outweigh the risks, as per the analyst.
- The analyst looked for the stock to grind up over time with strategic and financial execution.
- Price Action: BILL shares traded higher by 3.37% at $117.25 on the last check Friday.
Liquid Media CEO Sends Letter To Shareholders, Highlights ‘Transformational Business Solutions Strategy for Independent Intellectual Property Creators’
Dear Shareholders of Liquid Media Group,
The start of 2021 has been extremely productive for Liquid. As the media and entertainment markets continue to evolve globally, we see incredible opportunities to scale our
