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Alkami Technology rises after Stephens upgrades to 'overweight'

ReutersMar 13, 2025 1:07 PM

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

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