Direct Digital Holdings shares are trading higher after Roth MKM maintained a Buy rating on the stock and raised its price target from $12.50 to $27.50.
Portfolio Pulse from Benzinga Newsdesk
Direct Digital Holdings' stock (DRCT) is trading higher following Roth MKM's decision to maintain a Buy rating and increase the price target from $12.50 to $27.50.
March 13, 2024 | 7:53 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Direct Digital Holdings' stock is experiencing a positive movement after Roth MKM reaffirmed a Buy rating and significantly raised the price target.
The upgrade in the price target by a reputable analyst firm like Roth MKM can lead to increased investor confidence and demand for DRCT shares, likely driving the price up in the short term. The substantial raise from $12.50 to $27.50 indicates a strong bullish outlook on the company's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100