After an analyst downgrade, MeridianLink (NYSE:MLNK) hits a new low for the year. - Best Stocks

The stock price of MeridianLink, Inc. (NYSE: MLNK) dropped to a new 52-week low on Tuesday at noon after Barclays lowered their stock price objective for the business from $18.00 to $17.00. The stock currently has an equal-weight rating from Barclays. During the trading day, 3523 shares of MeridianLink were traded, with the price ranging from $12.51 to $12.71. The stock’s most recent closing price was $16.14.Recently, numerous more research authorities have published their investigations on MLNK. In a report published on Tuesday, Raymond James lowered its “outperform” rating and dropped its price objective for shares of MeridianLink from $21.00 to $20.00.

beststocks.com     Nov 14, 2022