LiveRamp Holdings, Inc. (RAMP) stock soared 6.51% during intraday trading on Friday, reflecting strong investor sentiment.
The surge appears driven by bullish analyst actions. Wells Fargo raised its price target on LiveRamp to $38 from $34, while Benchmark increased its target to $40 from $38 and maintained a Buy rating. These positive updates likely outweighed a separate negative note from D.A. Davidson, which cut its target price to $35 from $45 earlier in the day.
Collectively, the analyst optimism from Wells Fargo and Benchmark provided a catalyst for the stock's significant upward movement in the session.
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