Alkami price target raised to $27 from $22 at Lake Street

Lake Street analyst Jacob Stephan raised the firm’s price target on Alkami to $27 from $22 and keeps a Buy rating on the shares. Alkami enters the new year on its strongest footing yet, and there are significant tailwinds benefiting Alkami and set the company up well to drive towards its 2026 framework and become a rule of 40 software name, the analyst tells investors in a research note.