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Needham Reaffirms Their Buy Rating on MarketWise (MKTW)

In a report released today, Kyle Peterson from Needham reiterated a Buy rating on MarketWise (MKTWResearch Report), with a price target of $3.00. The company’s shares closed yesterday at $1.85.

Peterson covers the Technology sector, focusing on stocks such as Alight, Fair Isaac, and Dun & Bradstreet Holdings. According to TipRanks, Peterson has an average return of -14.5% and a 35.90% success rate on recommended stocks.

MarketWise has an analyst consensus of Moderate Buy, with a price target consensus of $4.50, representing a 143.24% upside. In a report released yesterday, JMP Securities also reiterated a Buy rating on the stock with a $6.00 price target.

See the top stocks recommended by analysts >>

The company has a one-year high of $5.19 and a one-year low of $1.52. Currently, MarketWise has an average volume of 61.89K.

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