RBC Capital Maintains Outperform on Magnite, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg maintains an 'Outperform' rating on Magnite (NASDAQ:MGNI), but has lowered the price target from $15 to $13.

November 09, 2023 | 6:58 pm
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NEUTRAL IMPACT
RBC Capital has maintained an 'Outperform' rating on Magnite but lowered the price target from $15 to $13.
The news is directly about Magnite and is likely to influence investor sentiment. While the 'Outperform' rating is maintained, the lowering of the price target may create some uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100