Jefferies initiated coverage of Grid Dynamics (GDYN) with a Buy rating and $11 price target The firm says concerns around artificial intelligence disruption have pushed Grid’s valuation to “historically attractive levels.” The current fears over AI “will prove transient,” as the company should post high single digit organic growth this year, improving to low double digits next year, the analyst tells investors in a research note.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GDYN:
- Grid Dynamics management to meet with Needham
- Grid Dynamics price target lowered to $11 from $13 at JPMorgan
- 3 Small Cap Technology Stocks with Over 50% Upside, According to Analysts – 8/10/25
- Grid Dynamics price target lowered to $14 from $18 at Northland
- Grid Dynamics’ Earnings Call: AI Growth and Challenges