Stifel Maintains Hold on MeridianLink, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tom Roderick maintains a 'Hold' rating on MeridianLink (NYSE:MLNK) and raises the price target from $16 to $19.
August 04, 2023 | 11:38 am
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Stifel maintains a 'Hold' rating on MeridianLink and raises the price target from $16 to $19.
The news is directly related to MeridianLink (MLNK). Stifel's decision to maintain a 'Hold' rating indicates a neutral stance, suggesting that the stock is fairly valued at current levels. However, the increase in price target from $16 to $19 could be seen as a positive signal, indicating that the analyst sees potential for the stock's price to increase. The impact on the stock price in the short term is uncertain, hence the score is 0.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100