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Needham Reaffirms Buy on Alight (ALIT) with $4.50 PT
Yahoo Finance· 2025-10-31 09:42
Core Insights - Alight Inc. (NYSE:ALIT) is considered one of the best stocks under $3 to invest in, with a Buy rating maintained by Needham and a price target of $4.50 [1] - Citi has lowered its price target for Alight from $11 to $8.50 while maintaining a Buy rating, citing growth delays but noting a growing backlog and confidence in margin expansion [2] - D.A. Davidson also maintains a Buy rating on Alight with a price target of $7.00, highlighting the company's technology-enabled services and its Alight Worklife platform [3] Company Performance - Alight's backlog continues to grow, indicating potential for future revenue despite current growth delays [2] - The company is focused on margin expansion, which is a positive sign for long-term profitability [2] Analyst Ratings - Needham has a price target of $4.50 for Alight, reflecting a positive outlook [1] - D.A. Davidson sets a higher price target of $7.00, indicating confidence in the company's growth potential [3] - Citi's revised price target of $8.50 suggests a cautious but still optimistic view on the stock [2]
Alight Inc. (ALIT) Adds Sword Health to its Alight Partner Network
Yahoo Finance· 2025-09-30 21:00
Core Insights - Alight Inc. (NYSE:ALIT) has garnered significant hedge fund interest and is listed among the 10 Cheapest Penny Stocks to Buy Now [1][4] Company Developments - On September 17, 2025, Alight Inc. announced the addition of Sword Health to its Alight Partner Network, integrating a musculoskeletal and mental health AI care platform into the Alight Worklife ecosystem [2] - The partnership aims to assist employers in reducing costs while providing employees with personalized tools for chronic pain care, prevention, pelvic health, and mental health support [3] Technology and Services - Alight Inc. operates as a technology-enabled services company, offering Alight Worklife, a cloud-based employee engagement platform [4]