Canaccord lowered the firm’s price target on MediaAlpha (MAX) to $15 from $26 and keeps a Buy rating on the shares. The firm said Q4 results came in well ahead of guidance, with Transaction Value, Revenue, and adj. EBITDA all ahead of expectations, as the Auto insurance recovery continues its momentum.
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- MediaAlpha’s Strategic Positioning and Growth Potential Amid Challenges: A Buy Recommendation by Cory Carpenter
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