N-Able (NABL) Receives Buy Rating from B. Riley with $10 Price Target

B. Riley initiated coverage on N-Able (NABL) with a Buy rating and $10 price target, citing the company's advantage in the market with its software-based managed services and proprietary platform. The analyst expects demand to pick up quickly, particularly in security and data protection services. This aligns with Matthew Hedberg of RBC Capital, who also reaffirmed his Buy rating and $10 price target on January 16. N-Able offers enterprise-oriented services to small- and medium-sized businesses.