Keybanc Maintains Overweight on DoubleVerify Hldgs, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Justin Patterson maintains an Overweight rating on DoubleVerify Hldgs (NYSE:DV) but lowers the price target from $45 to $40.
September 11, 2023 | 8:21 am
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NEUTRAL IMPACT
DoubleVerify Hldgs' price target has been lowered from $45 to $40 by Keybanc, though the Overweight 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 Overweight 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 80
RELEVANCE 100