Roth MKM Maintains Buy on Direct Digital Holdings, Raises Price Target to $12.5-Report Released on 27th November 2023
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Darren Aftahi has maintained a Buy rating on Direct Digital Holdings (NASDAQ:DRCT) and increased the price target from $9.5 to $12.5.
November 28, 2023 | 3:02 pm
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Roth MKM analyst Darren Aftahi reaffirmed a Buy rating on Direct Digital Holdings and raised the price target to $12.5, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and growth potential. This can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100