Needham Reiterates Buy on Viant Technology, Maintains $7.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Laura Martin has reiterated a 'Buy' rating on Viant Technology (NASDAQ:DSP) and maintained a price target of $7.5.
November 07, 2023 | 11:51 am
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POSITIVE IMPACT
Viant Technology's stock rating has been reiterated as 'Buy' by Needham with a maintained price target of $7.5.
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 stock is undervalued at its current price and has potential for growth. The maintained price target of $7.5 also indicates that the analyst sees potential for the stock's price to rise to this level. This could lead to increased investor confidence and potentially a short-term increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100