Barclays Maintains Overweight on DoubleVerify Hldgs, Raises Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow has maintained an Overweight rating on DoubleVerify Holdings (DV) and increased the price target from $40 to $43, indicating a positive outlook on the company's stock.
January 12, 2024 | 10:35 am
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Barclays has reaffirmed its Overweight rating on DoubleVerify Holdings and raised the price target to $43, suggesting confidence in the company's future performance.
The increase in price target by a major financial institution like Barclays typically signals a strong belief in the company's growth potential and financial health. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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