Exa Corp (EXA) Price Target Cut to $16.00

Exa Corp (NDAQ:EXA) had its price objective decreased by Needham & Company LLC from $18.00 to $16.00 in a research note issued on Friday. The firm currently has a “buy” rating on the stock.

Separately, Robert W. Baird lifted their price objective on Exa Corp from $17.00 to $18.00 and gave the company an “outperform” rating in a research report on Tuesday, February 28th.

Shares of Exa Corp (NDAQ:EXA) opened at 13.50 on Friday. The firm’s market cap is $200.49 million. The firm’s 50-day moving average price is $15.71 and its 200-day moving average price is $15.34. Exa Corp has a 52 week low of $11.12 and a 52 week high of $16.89.

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Exa Corp Company Profile

Exa Corporation develops, sells and supports simulation software and services that manufacturers use in design and engineering processes. The Company focuses primarily on the ground transportation market, including manufacturers in the passenger vehicle, highway truck, off-highway vehicle and train markets, as well as their suppliers.

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