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D.A. Davidson Sticks to Its Buy Rating for Alight (ALIT)
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D.A. Davidson Sticks to Its Buy Rating for Alight (ALIT)

D.A. Davidson analyst Peter Heckmann maintained a Buy rating on Alight (ALITResearch Report) today and set a price target of $14.00. The company’s shares closed yesterday at $9.05.

Heckmann covers the Technology sector, focusing on stocks such as Envestnet, Jack Henry & Associates, and Shift4 Payments. According to TipRanks, Heckmann has an average return of 5.9% and a 57.51% success rate on recommended stocks.

Currently, the analyst consensus on Alight is a Strong Buy with an average price target of $12.25, a 35.36% upside from current levels. In a report released on January 19, Citi also initiated coverage with a Buy rating on the stock with a $12.00 price target.

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The company has a one-year high of $10.19 and a one-year low of $6.33. Currently, Alight has an average volume of 4.82M.

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Alight (ALIT) Company Description:

Foley Trasimene Acquisition Corp is a blank check company.

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