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0 0 0.00184501845018457 0.00123001230012297 0.00615006150061509 -0.00246002460024595 -0.00246002460024595 -0.00246002460024595
Stock impact report

Grid Dynamics (GDYN) Stock Trades Up, Here Is Why [Yahoo! Finance]

Grid Dynamics Holdings, Inc. - Class A (GDYN) 
Company Research Source: Yahoo! Finance
session after Jefferies initiated coverage on the digital consulting company with a "Buy" rating and an $11 price target. The investment firm highlighted the stock's attractive valuation, noting it had declined 66% year-to-date and was trading near its 52-week low. Jefferies viewed current concerns around AI disruption as temporary. The firm's positive outlook was also built on the expectation that Grid Dynamics' organic growth would improve from high single-digits this year to low double-digits next year. Jefferies projected revenues of $416 million in 2025, representing 19% year-over-year growth. This bullish stance followed a period of strong performance for the company, which had posted revenue growth of nearly 22% as of the last reported quarter. Is now the time to buy Grid Dynamics? Access our full analysis report here, it's free What Is The Market Telling Us Grid Dynamics's shares are very volatile and have had 21 moves greater than 5% over the last year. In that contex Show less Read more
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