Investors Are Bullish on These 5 Stocks Today

4. Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) has observed an upward movement of 7.71% as of 12:15 PM ET after the target price of the San Ramon, California-based IT services company was increased from $20 to $23 by Ryan Potter at Citi Group. Potter maintained a Buy rating on Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) stock. The target price reflects a potential upside of over 52% from the last closing price. The analyst highlighted the “strong beat across the board” and higher-than-anticipated guidance as primary drivers for the revision in target price.

Of the 924 hedge funds in Insider Monkey’s database, Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) was held by 15 hedge funds as of Q4 2021. Driehaus Capital is the leading investor in Grid Dynamics Holdings, Inc. (NASDAQ:GDYN), with a stake worth over $109.9 million.