D.A. Davidson raises ALIT target to $40, stays Buy

D.A. Davidson analyst Peter Heckmann raised their price target on ALIT to $40 on July 2, with the rating unchanged at Buy.

On ALIT alone, Peter has made 22 documented calls, 20 of 22 eventually touched by the stock’s price.

The rating count on ALIT runs 6 Buy, 1 Hold right now. The target range spans Peter Christiansen at Citi ($1) to Tien-Tsin Huang at JPMorgan ($8). The stock’s most recent close was $18.43.

ALIT price targets: Peter Heckmann against the highest and lowest current targets on the stock, plotted with the price.

The $40 target is 117% above the stock’s $18.43 close.

FAQ

What is D.A. Davidson’s price target on ALIT?

D.A. Davidson’s Peter Heckmann has a $40 target on ALIT, rated Buy, set July 2, 2026.

How often have Peter Heckmann’s ALIT price targets been reached?

AnaChart has tracked 22 price-target calls from Peter Heckmann on ALIT; the stock reached the target in 20 of them (91%).

What is the analyst view on ALIT?

Coverage is split 6 Buy / 1 Hold / 0 Sell, with targets from $1 (Citi) to $8 (JPMorgan).