Wedbush Lowers PT on Alight Inc. (ALIT) to $9 From $11, Keeps an Outperform Rating

Alight Inc. (NYSE:ALIT) is one of the best strong buy stocks to buy under $10. On May 9, Wedbush lowered the firm’s price target on Alight Inc. (NYSE:ALIT) to $9 from $11, keeping an Outperform rating on the shares.

Is Alight Inc. (ALIT) the Best AI Stock to Buy Under $10?

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The firm told investors in a research note that Alight Inc. (NYSE:ALIT) had a strong start to 2025 with its Q1 2025 results, reporting a beat on the top line and meeting Wall Street expectations on the bottom line.

It added that Alight Inc. (NYSE:ALIT) is continually experiencing traction in its recurring revenue streams across its customer base. The company’s client-centric focus is resonating soundly, paving the way for new and expanded wins, according to the firm.

While Wedbush acknowledged that a complicated macro backdrop may lead to elongated client decision-making, it believes that Alight Inc. (NYSE:ALIT) is well-positioned to take strategic steps to attain its mid-term targets and deliver essential solutions for clients to bring costs down across operations.

Headquartered in Chicago, IL, Alight Inc. (NYSE:ALIT) provides cloud-based integrated digital human capital and business solutions.

While we acknowledge the potential of ALIT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ALIT and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.