Needham Reiterates Buy on AdTheorent Holding, Maintains $3 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Laura Martin has reiterated a 'Buy' rating on AdTheorent Holding (NASDAQ:ADTH) and maintained a price target of $3.
September 26, 2023 | 10:22 am
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POSITIVE IMPACT
AdTheorent Holding's stock rating has been reiterated as 'Buy' by Needham analyst Laura Martin, with a maintained price target of $3.
The reiteration of a 'Buy' rating by a reputable analyst like Laura Martin from Needham is a positive signal for investors. It suggests that the analyst believes the company's stock is expected to outperform the market or its sector in the short term. The maintained price target of $3 also indicates that the analyst believes the stock is undervalued at current prices, which could lead to upward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100