Riskified rises after brokerage D.A. Davidson upgrades to 'buy'

Riskified

03/03/2025 18:45

** Shares of fraud and risk intelligence platform Riskified RSKD.N jump as much as 8.4%; last up 3.3% at $5.31

** D.A. Davidson upgrades RSKD to "buy" from "neutral"; raises PT to $7 from $5, a 36.2% upside to stock's last close

** Brokerage says there is a favorable risk-reward ratio at current stock price as RSKD is poised to reaccelerate revenue growth in H2 2025 and into 2026

** Adds that strong e-commerce momentum and evolving fraud threats should boost demand for RSKD's offerings

** Three of nine brokerages rate the stock "buy" or higher, five "hold" and one "sell"; median PT is $5.25 - data compiled by LSEG

** RSKD up ~13% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com;))