- Roth Capital analyst Richard Baldry upgraded Rimini Street Inc (NASDAQ:RMNI) to Buy from Neutral with an $8 price target, suggesting an upside of 53%.
- The shares are down 57% versus their highs and trading at only 1.1-times run-rate revenues.
- The analyst does believe recent staccato growth results are likely to continue to temper a return to former highs but views his price target as offering an attractive potential return.
- Price Action: RMNI shares traded higher by 4.61% at $5.22 on the last check Wednesday.
Crypto Broker Voyager Digital Secures $485M Loan From Bankman-Fried’s Alameda
Crypto broker firm Voyager Digital Ltd (OTC: VYGVF) has signed a deal with Alameda Research, a quant trading firm from FTX founder Sam Bankman-Fried, to secure a credit facility to safeguard its customers' assets in line with the current market volatility,
