Roth MKM Maintains Buy on Direct Digital Holdings, Raises Price Target to $27.5
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 $12.5 to $27.5. This adjustment reflects a positive outlook on the company's future performance.
March 13, 2024 | 2:40 pm
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POSITIVE IMPACT
Roth MKM analyst Darren Aftahi has reaffirmed a Buy rating on Direct Digital Holdings and raised the price target from $12.5 to $27.5, indicating a bullish outlook.
The significant increase in the price target by a reputable analyst suggests a strong conviction in the company's growth potential and operational performance. This is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100