DA Davidson lowered the firm’s price target on Riskified (RSKD) to $6 from $6.50 and keeps a Buy rating on the shares. “Solid” Q2 revenue and adjusted EBITDA outperformance were “overshadowed” by a flow through of the top line beat this quarter to the full year guidance, the analyst tells investors in a post-earnings note. Despite same-store sale pressure that continues to weigh on growth, pipeline health “remained encouraging,” the analyst added.
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