Keefe, Bruyette & Woods Reiterates Outperform on MediaAlpha, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Tommy McJoynt has reiterated an Outperform rating on MediaAlpha (NYSE:MAX) and raised the price target from $25 to $26.
August 01, 2024 | 2:11 pm
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POSITIVE IMPACT
Keefe, Bruyette & Woods has reiterated an Outperform rating on MediaAlpha and raised the price target from $25 to $26, indicating positive sentiment from the analyst.
The reiteration of an Outperform rating and the increase in the price target from $25 to $26 by a reputable analyst suggests a positive outlook for MediaAlpha. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100