Stephens analyst John Campbell raised the firm’s price target on QuinStreet to $18 from $17 and keeps an Overweight rating on the shares after having hosted the company’s CEO Doug Valenti and head of IR, Rob Amparo for in-person meetings. The firm sees “a very attractive buying window” given the combination of a steep discount to close peers, still-low expectations, “plenty of upwards wiggle room for consensus estimates” and what it views as “the ideal market conditions in place to support not only a recovery in its core Insurance business, but a clear path for new peaks in the years ahead,” the analyst tells investors.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on QNST: