Opera price target lowered to $21.50 from $24.50 at Goldman Sachs

Goldman Sachs analyst Eric Sheridan lowered the firm’s price target on Opera (OPRA) to $21.50 from $24.50 and keeps a Buy rating on the shares. Industry work and channel checks suggest Q4 was a strong and stable period, supported by favorable auction dynamics, solid pricing per ad impression, and healthy seasonal ad budgets, the analyst tells investors in a research note.