JMP Securities Maintains Market Outperform on DoubleVerify Hldgs, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Andrew Boone maintains a Market Outperform rating on DoubleVerify Hldgs (NYSE:DV) but lowers the price target from $43 to $40.
September 15, 2023 | 12:26 pm
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NEUTRAL IMPACT
DoubleVerify Hldgs' price target has been lowered from $43 to $40 by JMP Securities, though the Market Outperform rating is maintained.
The news is directly about DoubleVerify Hldgs. The lowering of the price target might indicate a slightly less optimistic outlook for the company's stock, but the maintenance of the Market Outperform rating suggests that the analyst still expects the stock to outperform the market. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100