Cardlytics Inc (CDLX) Gets a Hold Rating from Merrill Lynch


Merrill Lynch analyst Nat Schindler reiterated a Hold rating on Cardlytics Inc (NASDAQ: CDLX) on August 14 and set a price target of $22. The company’s shares closed yesterday at $21.08.

According to TipRanks.com, Schindler is a 4-star analyst with an average return of 16.1% and a 56.5% success rate. Schindler covers the Services sector, focusing on stocks such as Zillow Group Inc, Pandora Media, and Carvana Co.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cardlytics Inc with a $25.67 average price target.

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The company has a one-year high of $25.71 and a one-year low of $11.10. Currently, Cardlytics Inc has an average volume of 135.1K.

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Cardlytics, Inc. engages in the development of marketing solutions through its purchase intelligence platform. It operates through the Cardlytics Direct and Other Platform Solutions segments. The Cardlytics Direct segment represents its proprietary native bank advertising channel.

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