In a report released today, Kyle Peterson from Needham reiterated a Buy rating on MarketWise (MKTW – Research Report), with a price target of $3.00. The company’s shares closed yesterday at $1.79.
Peterson covers the Technology sector, focusing on stocks such as Fair Isaac, Cardlytics, and Dun & Bradstreet Holdings. According to TipRanks, Peterson has an average return of -9.9% and a 37.35% success rate on recommended stocks.
Currently, the analyst consensus on MarketWise is a Strong Buy with an average price target of $3.83.
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MKTW market cap is currently $583.6M and has a P/E ratio of 2.37.
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Read More on MKTW:
- MarketWise Reports Financial Results for First Quarter 2023
- MarketWise Announces Initiation of Quarterly Cash Dividend
- MarketWise Enters into Settlement Agreement with F. Porter Stansberry in Connection with 2023 Annual Meeting
- MarketWise Announces First Quarter 2023 Financial Results Release Date and Conference Call
- MarketWise price target lowered to $5.50 from $6.00 at JMP Securities
