---
title: "Blackledge Boosts People Incorporated Price Target to $70 on Strong EBITDA Momentum and Digital Growth, Reaffirming Buy Rating"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294882327.md"
description: "TD Cowen analyst John Blackledge reaffirmed a Buy rating on People Incorporated and raised the price target to $70 from $66. This adjustment reflects strong EBITDA momentum, with Q2 EBITDA rising over 20% year-over-year and margins expanding. Digital revenue grew mid-single digits, and management upgraded its full-year 2026 EBITDA outlook. The analyst cited improved profitability, off-platform growth, and AI partnerships as key drivers for the positive outlook."
datetime: "2026-08-04T22:55:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294882327.md)
  - [en](https://longbridge.com/en/news/294882327.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294882327.md)
generator: "portal-rs"
---

# Blackledge Boosts People Incorporated Price Target to $70 on Strong EBITDA Momentum and Digital Growth, Reaffirming Buy Rating

TD Cowen analyst John Blackledge maintained a Buy rating on People Incorporated today and set a price target of $70.00.

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John Blackledge has given his Buy rating due to a combination of factors, including People Incorporated’s solid second-quarter performance and improved profitability. Digital revenue grew mid-single digits and EBITDA margins expanded meaningfully, while overall EBITDA rose more than 20% year over year, indicating better operating leverage and healthier underlying trends.

In addition, management raised its full-year 2026 EBITDA outlook after refining its methodology to exclude one-time items, signaling increased confidence in ongoing earnings power. Strong off-platform growth and monetization through social channels, licensing, and AI-related partnerships further support the long-term digital transition, leading Blackledge to revise his price target upward from $66 to $70 and reaffirm a Buy recommendation. 

According to TipRanks, Blackledge is a 5-star analyst with an average return of 10.8% and a 54.99% success rate. Blackledge covers the Communication Services sector, focusing on stocks such as Alphabet Class C, Pinterest, and People Incorporated.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**