
Shares of Alkami Technology ALKT.O rise 1.5% to $24.65 premarket
Stephens upgrades rating to "overweight" from "equal-weight"
Says the upgrade is based on several factors, including favorable positioning of ALKT's core business, an industry-leading digital banking solution and stable demand trends and strong revenue visibility
Eight brokerages rate company "buy" or higher, and three rate "hold"; median PT at $45 - data compiled by LSEG
As of last close, stock is down 33.8% YTD