Roth Capital Sticks to Their Buy Rating for Marchex (MCHX)

Roth Capital analyst Darren Aftahi maintained a Buy rating on Marchex (MCHXResearch Report) today and set a price target of $3.00. The company’s shares closed last Wednesday at $2.01.

According to, Aftahi is a 5-star analyst with an average return of 16.4% and a 36.5% success rate. Aftahi covers the Technology sector, focusing on stocks such as Digital Turbine, Argo Blockchain, and Veritone.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Marchex with a $3.00 average price target.

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The company has a one-year high of $3.63 and a one-year low of $1.65. Currently, Marchex has an average volume of 24.14K.

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Marchex, Inc. is a call analytics company, which engages in provision call solutions for marketers, sales and developers. It offers Marchex call analytics platform, Marchex call marketplace, and Marchex local leads products to automotive, travel and hospitality, telecommunications, insurance, home services, digital agencies, healthcare, education and careers, financial services, legal, real estate, and senior living industries. It delivers data insights and incorporate artificial intelligence (AI)-powered functionality that drives insights and solutions to help companies find, engage, and support its customers across voice and text-based communication channels. The company was founded by Russell C. Horowitz, Ethan A. Caldwell, Peter Christothoulou, and John Keister on January 17, 2003 and is headquartered in Seattle, WA.

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