03:35 PM EDT, 05/02/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We maintain our Hold recommendation on shares of TEAM, but trim our target price to $231 from $253, on a EV/S of 9.5x our FY 26 (Jan.) sales forecast of $6.18B, below its three-year average and its software peer group mean. The multiple reflects higher performance risks from a tougher economic backdrop and headwinds related to policy changes with its offerings. A tough macro could derail its momentum with cloud migrations, paid seat expansions, and customers' willingness to up-tier to pricier editions. The company saw enterprise deals slow in Q3 and we see elevated risks ahead. This is partially offset by TEAM's competitive positioning as one of the largest enterprise work collaboration software providers as well as a strong cadence of new feature/tool releases that have kept pace with peers. We expect growth in the longer term to be driven by cloud, from AI expansion, up-tiering, and price increases. We reduce our FY 25 EPS forecast to $3.47 from $3.50 and lower our FY 26 EPS projection to $4.22 from $4.30.