Keefe, Bruyette & Woods Reiterates Outperform on MediaAlpha, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Thomas McJoynt-Griffith has reiterated an Outperform rating on MediaAlpha (NYSE:MAX) and raised the price target from $19 to $25.
May 15, 2024 | 11:32 am
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Keefe, Bruyette & Woods has reiterated an Outperform rating on MediaAlpha and increased the price target from $19 to $25, indicating strong confidence in the company's future performance.
The reiteration of an Outperform rating and the increase in the price target from $19 to $25 by a reputable analyst suggests a positive outlook for MediaAlpha. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100