JMP Securities Maintains Market Outperform on DoubleVerify Hldgs, Lowers Price Target to $43
Portfolio Pulse from jenniferd'souza@benzinga.com
JMP Securities analyst Andrew Boone maintains a Market Outperform rating on DoubleVerify Hldgs (NYSE:DV) but has lowered the price target from $45 to $43.
August 01, 2023 | 12:13 pm
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NEUTRAL IMPACT
DoubleVerify Hldgs' price target has been lowered from $45 to $43 by JMP Securities, though the Market Outperform rating is maintained.
The news is directly about DoubleVerify Hldgs and is likely to influence investor sentiment. The lowering of the price target might be seen as a negative signal, but the maintenance of the Market Outperform rating indicates that the analyst still sees potential in the stock. The impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100