Keybanc Maintains Overweight on Alkami Technology, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Josh Beck has maintained an Overweight rating on Alkami Technology (NASDAQ:ALKT) and increased the price target from $21 to $26. This adjustment reflects a positive outlook on the company's stock.
January 08, 2024 | 9:26 am
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Keybanc analyst Josh Beck has reaffirmed Alkami Technology's Overweight rating and raised the price target from $21 to $26, indicating a bullish stance on the company's future performance.
The increase in price target by a reputable analyst typically suggests a strong conviction in the company's potential for growth and profitability, which can positively influence investor sentiment and potentially lead to a short-term increase in stock price.
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