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Stock impact report

Analysts Stay Positive on Alight (ALIT) Despite CFO Exit [Yahoo! Finance]

Alight, Inc. Class A (ALIT) 
Company Research Source: Yahoo! Finance
Also on December 19, DA Davidson reiterated its Buy rating on Alight, Inc. (NYSE:ALIT) with a price target of $6. This update comes after news of the departure of the company's CFO. Alight, Inc. (NYSE:ALIT) announced that its Chief Financial Officer, Jeremy Heaton, will be leaving the company to pursue an opportunity outside of the benefits administration industry. According to the report by the company, Greg Giometti, who currently serves as Alight, Inc.'s (NYSE:ALIT) Senior Vice President and Head of Financial Planning and Analysis, has been appointed Interim Chief Financial Officer. This appointment will take effect on January 9. Giometti joined Alight, Inc. (NYSE:ALIT) in 2020 and has taken on roles with growing responsibility within the company's finance team. Previously, Giometti also held various finance positions at different companies. DA Davidson kept its positive view on Alight, Inc. (NYSE:ALIT) despite the CFO's departure. The research firm believes that the company Show less Read more
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