A number of other analysts have also recently commented on the company. Needham & Company LLC dropped their price objective on MarketWise from $11.00 to $7.00 and set a buy rating for the company in a research report on Friday, March 11th. Wedbush cut MarketWise from an outperform rating to a neutral rating and lowered their price target for the company from $11.00 to $6.00 in a report on Friday, March 11th. JMP Securities lowered their price target on MarketWise from $14.00 to $13.00 and set a market outperform rating for the company in a report on Thursday, April 7th. UBS Group lowered their price target on MarketWise from $13.00 to $8.00 and set a buy rating for the company in a report on Monday, March 14th. Finally, Zacks Investment Research cut MarketWise from a buy rating to a hold rating in a report on Wednesday, January 12th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of Buy and a consensus price target of $7.97.
MarketWise stock opened at $2.62 on Tuesday. The stock has a 50-day moving average price of $4.17 and a 200 day moving average price of $5.63. MarketWise has a 52 week low of $2.28 and a 52 week high of $16.97.
About MarketWise (Get Rating)
MarketWise, Inc operates a multi-brand platform of subscription businesses that provides financial research, software, education, and tools for investors in the United States and Internationally. The company offers a portfolio of independent investment research, as well as various software and analytical tools on a subscription basis.
- Get a free copy of the StockNews.com research report on MarketWise (MKTW)
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