Initiated Overweight X

VERX Vertex

Stephens

$30

Reiterated Outperform X

VERX Vertex

BMO Capital Markets

$38 $30

Initiated Overweight X

VERX Vertex

Piper Sandler

$48

Initiated Outperform X

VERX Vertex

Exane BNP Paribas

$54

Downgrades Buy Hold X

VERX Vertex

Stifel

$58 $31

Downgrades Outperform Mkt Perform X

VERX Vertex

Raymond James

Initiated Buy X

VERX Vertex

DA Davidson

$62

Upgrades Hold Buy X

VERX Vertex

Jefferies

$35 $50

Initiated Outperform X

VERX Vertex

Robert W. Baird

$43

Upgrades Underperform Neutral X

VERX Vertex

BofA Securities

$40

Resumed Overweight X

VERX Vertex

Morgan Stanley

$25

Upgrades Underperform Neutral X

VERX Vertex

BofA Securities

$16 $20

Initiated Outperform X

VERX Vertex

Raymond James

$19

Downgrades Buy Hold X

VERX Vertex

Jefferies

$15

Initiated Buy X

VERX Vertex

Goldman

$20

Initiated Neutral X

VERX Vertex

Citigroup

$15

VERX  Vertex, Inc.

Vertex, Inc. provides tax technology solutions for corporations in retail, communication, leasing, and manufacturing industries in the United States and internationally. It offers tax determination, compliance and reporting, tax data management, document management, pre-built integration, and industry-specific solutions. The company sells its software products through software license and software as a service subscriptions. It also provides implementation and training services in connection with its software license and cloud subscriptions, transaction tax returns outsourcing, and other tax-related services. Vertex, Inc. was founded in 1978 and is headquartered in King of Prussia, Pennsylvania.