Wall Street Zen upgraded EverQuote (NASDAQ: EVER) from hold to buy on Sunday.

The stock maintains a Moderate Buy consensus rating among analysts.

The average price target for the company is $24.17.

This upgrade follows strong first-quarter financial results released earlier in May.

EverQuote reported earnings per share of $0.51.

Quarterly revenue reached $190.85 million.

This figure represents a 14.6% increase compared to the same period last year.