Raymond James raised the firm’s price target on MNTN (MNTN) to $15 from $14 and keeps an Outperform rating on the shares. The company delivered a solid Q1 with slightly better-than-expected revenue, continued strong customer growth, and improving margins driven by hosting efficiencies, while maintaining a consistent outlook that points to reaccelerating growth in the second half of 2026 and meaningful EBITDA margin expansion supported by divestiture benefits, infrastructure leverage, and sustained SMB demand and product leadership, the analyst tells investors in a research note.
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