Strong Q2 Beat, Scaling Growth Initiatives, and New Buyback Support Weber’s Buy Rating and Unchanged $18 Price Target on MNTN
Tip Ranks·- Canaccord Genuity analyst Matthew Weber maintained a buy rating on MNTN with an unchanged target price of 18 USD. - The rating is supported by strong Q2 results, strong client growth, and a new 100 million USD share repurchase program. - Additional growth drivers include the adoption of the Express product and QuickFrame AI, which reinforce expectations for accelerated growth and a company re-rating.