B. Riley raised the firm’s price target on QuinStreet (QNST) to $34 from $32 and keeps a Buy rating on the shares. The company reported a beat in fiscal Q2 and raised its fiscal 2025 guidance for the second consecutive quarter, the analyst tells investors in a research note. The firm says QuinStreet is positioned for sustained revenue growth and more meaningful adjusted EBITDA margin expansion in the second half of fiscal 2025.
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