RBC Capital Maintains Outperform on MediaAlpha, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Ben Hendrix has maintained an Outperform rating on MediaAlpha (NYSE:MAX) and increased the price target from $12 to $18.
February 21, 2024 | 3:32 pm
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RBC Capital analyst Ben Hendrix has maintained an Outperform rating on MediaAlpha and raised the price target from $12 to $18.
The increase in price target by a reputable analyst like Ben Hendrix from RBC Capital is a strong positive signal for MediaAlpha. It suggests confidence in the company's future performance and growth potential, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100