Alkami price target raised to $18 from $14 at Barclays

Barclays analyst Saket Kalia raised the firm’s price target on Alkami to $18 from $14 and keeps an Equal Weight rating on the shares ahead of the Q2 results. The analyst likes the setup on a couple names in smid-cap security, Cyberark Software (CYBR) and Tenable (TENB), and a couple names in vertical software, Procore Technologies (PCOR) and PTC (PTC).