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Fly News Breaks for April 12, 2018
QNST
Apr 12, 2018 | 07:51 EDT
Stephens analyst John Campbell noted that he'd already believed that yesterday's short report turbulence in QuinStreet was a buying opportunity, but following the company's pre-announcement of a "sizable" Q3 beat and its willingness to defend itself against what he sees as "meritless claims" he is incrementally more positive. Campbell, who said he would be a "strong" buyer of QuinStreet here, raised his price target on the stock to $13 from $11.50 and keeps an Overweight rating on the shares.
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