Goldman Sachs analyst Eric Sheridan initiated coverage of Opera with a Buy rating and $16.50 price target. The analyst views Opera as “positively levered” to long-term secular tailwinds within digital advertising and “idiosyncratically benefiting” from geographic a=nd product mix shift dynamics as a driver of sustained double-digit growth over the next several years.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on OPRA: