Needham Maintains Buy on Innovid, Lowers Price Target to $1.5
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Laura Martin has maintained a 'Buy' rating on Innovid (NYSE:CTV), but lowered the price target from $3 to $1.5.
October 18, 2023 | 9:46 am
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Needham analyst has maintained a 'Buy' rating on Innovid but lowered the price target from $3 to $1.5.
While the 'Buy' rating is maintained, the lowering of the price target could indicate a potential downside risk. However, the impact on the stock price is uncertain as the 'Buy' rating might still attract investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100