Needham Maintains Buy on AdTheorent Holding, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Laura Martin maintains a Buy rating on AdTheorent Holding (NASDAQ:ADTH) but lowers the price target from $3 to $2.
November 08, 2023 | 10:45 am
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NEGATIVE IMPACT
AdTheorent Holding's price target has been lowered from $3 to $2 by Needham, though the Buy rating is maintained.
The lowering of the price target by Needham indicates a potential decrease in the short-term value of AdTheorent Holding's stock. However, the maintained Buy rating suggests that the stock is still expected to perform well in the long run.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100