Unlocking Stagwell's Marketing Cloud - Analyst Explores the Potential of Five Key Products
Portfolio Pulse from Anusuya Lahiri
Needham analyst Laura Martin reiterated a Buy rating and a $10 price target for Stagwell Inc (NASDAQ:STGW). On July 20, Needham will host a deep dive into five new products of STGW's Marketing Cloud, which are expected to drive revenue growth over the next 12-24 months. The products include Harris Brand Platform, PRophet, Koalifyed, Media Studios, and ARound.
July 07, 2023 | 6:24 pm
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POSITIVE IMPACT
Stagwell Inc's new products are expected to drive revenue growth, which could positively impact the company's stock price.
The introduction of new products that are expected to drive revenue growth is generally a positive signal for investors. This could lead to increased investor confidence in the company, potentially driving up the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100