B. Riley Securities Upgrades QuinStreet to Buy, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Daniel Day has upgraded QuinStreet (NASDAQ:QNST) from Neutral to Buy and increased the price target from $11 to $19, indicating a positive outlook on the company's stock.

November 30, 2023 | 12:08 pm
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QuinStreet has been upgraded by B. Riley Securities from Neutral to Buy with a price target raised to $19, suggesting a bullish stance on the stock's future performance.
Upgrades by analysts, especially with a significant increase in price target, often lead to a positive short-term reaction in the stock price as it reflects increased confidence in the company's prospects. The upgrade from Neutral to Buy suggests that B. Riley Securities sees more upside potential in QNST, which could attract more investors and drive up the stock price in the short term.
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