RBC Capital Maintains Outperform on Magnite, Lowers Price Target to $18
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Matthew Hedberg maintains an 'Outperform' rating on Magnite (NASDAQ:MGNI), but has lowered the price target from $20 to $18.
August 10, 2023 | 2:36 pm
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NEUTRAL IMPACT
RBC Capital maintains an 'Outperform' rating on Magnite, but lowers the price target from $20 to $18. This could potentially impact the stock's performance.
The news is directly related to Magnite (MGNI). While the 'Outperform' rating is maintained, the lowering of the price target from $20 to $18 might create some uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100