Needham Maintains Buy on Alkami Technology, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mayank Tandon has reaffirmed a Buy rating on Alkami Technology (NASDAQ:ALKT) and increased the price target from $24 to $30.
January 05, 2024 | 12:39 pm
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POSITIVE IMPACT
Needham analyst Mayank Tandon maintains a Buy rating on Alkami Technology and raises the price target from $24 to $30, 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 short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100