BUZZ-MeridianLink rises after UBS upgrades to 'neutral'

Reuters
2024-11-12

** Shares of fintech MeridianLink rise as much as 4.2%; last up 3.8% at $25

** UBS upgrades its rating on MLNK to "neutral" from "sell," citing more consistent execution from the management and a favorable lending environment on the horizon from additional rate cuts in 2025

** Brokerage also raises PT to $25 from $18, a 3.6% upside to stock's last close

** Consistent margin outlook beats over the last five quarters coupled with a more sustained acceleration of the consumer lending business increases our confidence on MLNK - UBS

** Three of eight brokerages rate the stock "buy" or higher, four "hold" and one "sell"; their median PT is $24.75 - LSEG data

** As of last close, MLNK shares down 2.7% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10