In a report released today, Darren Aftahi from Roth Capital maintained a Buy rating on Mondee Holdings (MOND – Research Report), with a price target of $12.00. The company’s shares closed yesterday at $9.77.
According to TipRanks, Aftahi is a 5-star analyst with an average return of 11.9% and a 37.52% success rate. Aftahi covers the Technology sector, focusing on stocks such as Argo Blockchain, Alarm, and Digital Turbine.
Currently, the analyst consensus on Mondee Holdings is a Strong Buy with an average price target of $13.00.
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MOND market cap is currently $776.8M and has a P/E ratio of -9.44.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MOND in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
ITHAX Acquisition Corp is a blank check company.
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