Wedbush Reiterates Outperform on DoubleDown Interactive, Maintains $12.25 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Nick McKay has reiterated an Outperform rating on DoubleDown Interactive (NASDAQ:DDI) and maintained a price target of $12.25.
August 04, 2023 | 1:22 pm
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Wedbush analyst has reiterated an Outperform rating on DoubleDown Interactive and maintained a price target of $12.25.
The reiteration of an Outperform rating by a reputable analyst like Nick McKay from Wedbush is a positive signal for the stock. The maintained price target of $12.25 also indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100