DA Davidson upgraded Riskified (RSKD) to Buy from Neutral with a price target of $7, up from $5. Strong e-commerce momentum exiting the year, increasingly more sophisticated fraud threats, and upside to 2025 consensus estimates lead the firm to sees “a favorable risk/reward ratio for Riskified at current pricing levels,” the analyst tells investors. Following a previously announced churn event, the firm views the 2025 outlook as effectively de-risked and sees potential upside to consensus stemming from new logo wins, cross-selling opportunities, and continued GMV growth from existing customers, the analyst added.
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