Skip to main content

Lake Street Reaffirms Their Buy Rating on Red Violet (RDVT)

Tipranks - Tipranks - Fri Mar 6, 8:22AM CST

Lake Street analyst Eric Martinuzzi reiterated a Buy rating on Red Violet today and set a price target of $62.00.

Claim 70% Off TipRanks Premium

According to TipRanks, Martinuzzi is a 4-star analyst with an average return of 8.8% and a 47.33% success rate. Martinuzzi covers the Technology sector, focusing on stocks such as Par Technology, Quantum, and Ooma.

In addition to Lake Street, Red Violet also received a Buy from TipRanks – OpenAI’s OpenAI Software – Application in a report issued today. However, on the same day, TipRanks – xAI downgraded Red Violet (NASDAQ: RDVT) to a Hold.

See Insiders’ Hot Stocks on TipRanks >>

Based on Red Violet’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $23.08 million and a net profit of $4.21 million. In comparison, last year the company earned a revenue of $19.06 million and had a net profit of $1.72 million

Read More on RDVT:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).