Alkami price target raised to $30 from $25 at Craig-Hallum

Craig-Hallum analyst Jeff Van Rhee raised the firm’s price target on Alkami to $30 from $25 and keeps a Buy rating on the shares. The firm notes Alkami posted another solid quarter as the market leader in Credit Unions and dominant growth leader is rapidly becoming the biggest disruptor in the Bank space. The company signed a record five banks in the quarter, with its live bank count up over double and expected to over double again in 2024.