Truist Securities Maintains Buy on DoubleVerify Hldgs, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Youssef Squali has maintained a Buy rating on DoubleVerify Holdings (NYSE:DV) but has reduced the price target from $45 to $42.
November 10, 2023 | 2:39 pm
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NEUTRAL IMPACT
Truist Securities reaffirms a Buy rating on DoubleVerify Holdings but lowers the price target to $42, indicating a positive outlook with a slightly reduced growth expectation.
The maintenance of a Buy rating suggests that Truist Securities still sees upside potential in DoubleVerify Holdings, which could be positive for the stock. However, the reduction in the price target may reflect a tempered growth forecast or market conditions, which could slightly dampen investor enthusiasm in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100