B. Riley raised the firm’s price target on QuinStreet (QNST) to $34 from $32 and keeps a Buy rating on the shares. The company reported a beat in fiscal Q2 and raised its fiscal 2025 guidance for the second consecutive quarter, the analyst tells investors in a research note. The firm says QuinStreet is positioned for sustained revenue growth and more meaningful adjusted EBITDA margin expansion in the second half of fiscal 2025.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on QNST: