Alkami Technology Downgraded by Citizens to Market Perform
Citizens downgraded Alkami Technology, Inc. to Market Perform from Market Outperform, citing concerns regarding 2027 growth prospects and backlog metrics.
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Analysts downgraded Renasant, Lennox, Peapack-Gladstone, Alkami and Xylem; price targets for RNST and XYL were cut.
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Citizens downgraded Alkami Technology, Inc. to Market Perform from Market Outperform, citing concerns regarding 2027 growth prospects and backlog metrics.
Alkami reported third-quarter 2026 revenue of $134.9 million, reflecting a 19.4% year-over-year increase, and exceeded expectations for Adjusted EBITDA.
Connexus Credit Union has renewed and expanded its long-term partnership with Alkami Technology, Inc. to further advance its digital banking capabilities and member engagement.
Analysts downgraded M&T Bank, Bank of Hawaii, HubSpot, Abbott and Moderna; Bank of Hawaii cut its target, while HubSpot’s rose.
Raymond James downgraded Cass Information Systems from Outperform to Market Perform on October 23, 2026.
Cass Information Systems, Inc. reported its third quarter 2026 financial results, highlighting growth in net income, earnings per share, and a dividend increase.