Opera's stock soared 5.13% intraday on Friday, following positive analyst action.
Lake Street raised its price target on Opera to $26 from $24 and maintained a Buy rating on the shares, citing the company's strong performance. The firm noted that Opera delivered "a clean beat across" key metrics, boosting investor confidence.
The price target increase reflects optimism about Opera's future prospects, contributing to the stock's upward movement during the trading session.