QuinStreet price target lowered to $19 from $27 at Lake Street

Lake Street lowered the firm’s price target on QuinStreet (QNST) to $19 from $27 and keeps a Hold rating on the shares. QuinStreet is benefitting from robust spending by its auto insurance carriers, but this customer segment may be at risk if auto carriers begin to pull back spending due to tariffs inflating repair part costs, says the analyst, who lowered the firm’s target to account for heightened uncertainty and multiple compression in the space.