Innodata price target raised to $74 from $45 at BWS Financial

BWS Financial analyst Hamed Khorsand raised the firm’s price target on Innodata (INOD) to $74 from $45 and keeps a Buy rating on the shares after the company reported Q4 results surpassing the firm’s expectations and gave 2025 guidance that “shows a glimpse into a business that is not slowing down.” The company is now lined up for the possibility of exceeding $300M in revenue in 2026, which “should give the shares greater reasoning for trading at a higher valuation,” the analyst tells investors.