Alight price target lowered to $5 from $6 at DA Davidson

Group 1 - DA Davidson has lowered the price target on Alight (ALIT) to $5 from $6 while maintaining a Buy rating ahead of its Q4 results [1] - The firm is adjusting its forecasts due to a new senior management team and modestly disappointing results in 2025 [1] - The analyst anticipates that the new management will provide conservative guidance for 2026 [1]