In a report released today, Youssef Squali from SunTrust Robinson maintained a Buy rating on Cardlytics Inc (CDLX), with a price target of $35. The company’s shares opened today at $29.34.
According to TipRanks.com, Squali is a top 100 analyst with an average return of 25.2% and a 71.3% success rate. Squali covers the Technology sector, focusing on stocks such as ANGI Homeservices Inc, Uber Technologies Inc, and IAC/InterActiveCorp.
Cardlytics Inc has an analyst consensus of Strong Buy, with a price target consensus of $27.67, a -5.7% downside from current levels. In a report issued on July 24, Merrill Lynch also reiterated a Buy rating on the stock with a $32 price target.
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The company has a one-year high of $33.66 and a one-year low of $9.80. Currently, Cardlytics Inc has an average volume of 315.8K.
Based on the recent corporate insider activity of 66 insiders, corporate insider sentiment is negative on the stock.
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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.
