Benchmark Reiterates Buy on Magnite, Maintains $16 Price Target
Portfolio Pulse from richadhand@benzinga.com
Benchmark analyst Daniel Kurnos has reiterated a 'Buy' rating on Magnite (NASDAQ:MGNI) and maintained a price target of $16.
August 21, 2023 | 12:23 pm
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Benchmark analyst Daniel Kurnos has reiterated a 'Buy' rating on Magnite and maintained a price target of $16.
The reiteration of a 'Buy' rating by a Benchmark analyst and the maintenance of a $16 price target indicates a positive outlook for Magnite. This could potentially lead to an increase in investor confidence and a positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100