iA Capital Markets initiates coverage of MediaValet with a Buy rating

The stock got kicked around last year for a considerable loss, but there are better times ahead for Canadian digital asset management name MediaValet (MediaValet Stock Quote, Charts, News, Analysts, Financials TSX:MVP), according to iA Capital Markets analyst Neehal Upadhyaya, who launched coverage on Friday with a “Buy” rating and $1.50 target price. Upadhyaya said with its proven platform indicating the company’s ability to survive in a competitive market, MediaValet should do well in 2023.

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Source : Cantech Letter