Goldman Sachs Maintains Buy on MediaAlpha, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan has maintained a Buy rating on MediaAlpha (NYSE:MAX) and increased the price target from $20 to $26.
November 01, 2024 | 5:13 pm
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POSITIVE IMPACT
Goldman Sachs has reaffirmed its Buy rating on MediaAlpha and increased the price target to $26, indicating confidence in the company's future performance.
The increase in price target from $20 to $26 by a major financial institution like Goldman Sachs suggests a positive outlook for MediaAlpha's stock. This is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100