MeridianLink price target lowered to $18 from $20 at Stifel

Stifel lowered the firm’s price target on MeridianLink (MLNK) to $18 from $20 and keeps a Hold rating on the shares. Results came in ahead of expectations for revenue, adjusted EBITDA, and free cash flow, but the company kept its annual guidance flat as it saw notable pull forward in auto volumes in March ahead of tariffs along with an uncertain economic and rate environment, the analyst tells investors.