Opera price target raised to $24.50 from $23.50 at Goldman Sachs

Goldman Sachs analyst Eric Sheridan raised the firm’s price target on Opera (OPRA) to $24.50 from $23.50 and keeps a Buy rating on the shares. The company’s Q2 results saw solid revenue momentum with strong trends in both search and advertising trends, the analyst tells investors in a research note. The launch of Mini Pay, a stablecoin product with 9M activated wallets and over 250M transactions is already demonstrating one of the fastest growing non-custodial wallets globally, the firm added.