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QuinStreet price target lowered to $28 from $34 at B. Riley

B. Riley lowered the firm’s price target on QuinStreet (QNST) to $28 from $34 and keeps a Buy rating on the shares following the Q3 results. Despite elevated near-term uncertainty, management expressed confidence in sustained double-digit revenue and adjusted EBITDA growth in the years ahead, the analyst tells investors in a research note.

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