JP Morgan Maintains Overweight on MediaAlpha, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Cory Carpenter maintains an Overweight rating on MediaAlpha (NYSE:MAX) and raises the price target from $18 to $30.
May 02, 2024 | 3:44 pm
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JP Morgan analyst Cory Carpenter maintains an Overweight rating on MediaAlpha and raises the price target from $18 to $30.
The upgrade in price target by a reputable analyst like Cory Carpenter from JP Morgan is a strong positive signal for MediaAlpha. It suggests a bullish outlook on the company's future performance and potential for stock price appreciation. This kind of endorsement can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100