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Raymond James Maintains Outperform Rating for MeridianLink: Here's What You Need To Know

By Benzinga Insights

Raymond James has decided to maintain its Outperform rating of MeridianLink (NYSE:MLNK) and lower its price target from $27.00 to $21.00.

Shares of MeridianLink are trading up 12.15% over the last 24 hours, at $16.25 per share.

A move to $21.00 would account for a 29.23% increase from the current share price.

About MeridianLink

MeridianLink Inc is a cloud-based software solutions for financial institutions, including banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies. It generates maximum revenue from Lending Software Solutions.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Dive Deeper:
SVB Leerink Maintains Outperform Rating for Olink Holding: Here's What You Need To Know
SVB Leerink has decided to maintain its Outperform rating of Olink Holding (NASDAQ:OLK) and lower its price target from $25.00…
Telsey Advisory Group Maintains Outperform Rating for Tapestry: Here's What You Need To Know
Telsey Advisory Group has decided to maintain its Outperform rating of Tapestry (NYSE:TPR) and lower its price target from $56.00…
Credit Suisse Maintains Outperform Rating for Endeavor Gr Hldgs: Here's What You Need To Know
Credit Suisse has decided to maintain its Outperform rating of Endeavor Gr Hldgs (NYSE:EDR) and lower its price target from…
Morgan Stanley Maintains Overweight Rating for CyberArk Software: Here's What You Need To Know
Morgan Stanley has decided to maintain its Overweight rating of CyberArk Software (NASDAQ:CYBR) and lower its price target from $191.00…
One subscription that gives you access to news from hundreds of sites
Oppenheimer Maintains Outperform Rating for IAC/InterActive: Here's What You Need To Know
Oppenheimer has decided to maintain its Outperform rating of IAC/InterActive (NASDAQ:IAC) and lower its price target from $155.00 to $135.00.…
Goldman Sachs Maintains Buy Rating for Cytek Biosciences: Here's What You Need To Know
Goldman Sachs has decided to maintain its Buy rating of Cytek Biosciences (NASDAQ:CTKB) and lower its price target from $14.00…
Get all your news in one place