William Blair initiated research coverage of MeridianLink, Inc. (MLNK $24.47), a cloud-based platform that provides tools that enable the consumer lending market.
“We believe MeridianLink’s competitive position is formidable and that internal initiatives have accelerated innovation and growth,” Napoli said. “MeridianLink was founded in 1998, but its business was transformed in 2018 following the acquisition by Thoma Bravo as it combined with CRIF Lending Solutions, completed several acquisitions, increased investment in research and development, and implemented more proactive sales-and-marketing efforts. We believe these efforts reinforce a strong market position, broaden the product set, expand the total available market, and give visibility to sustained attractive long-term growth and margins.”
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Current Ratings Distribution (as of 8/22/21)
Outperform (Buy): 76%
Market Perform (Hold): 24%
Underperform (Sell): 1%
Inv. Banking Relationships*
Outperform (Buy): 31%
Market Perform (Hold): 13%
Underperform (Sell): 0%
* Percentage of companies in each rating category that are investment banking clients, defined as companies for which William Blair has received compensation for investment banking services within the past 12 months.
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