Barclays Maintains Overweight Rating for DoubleVerify Hldgs: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Barclays has reaffirmed its Overweight rating on DoubleVerify Holdings (NYSE:DV) and increased its price target from $40.00 to $43.00. DoubleVerify's stock is currently trading at $36.62, and the new price target suggests a potential upside of 17.42%. DoubleVerify provides a digital media measurement and analytics platform, earning revenue through Measured Transaction Fees.
January 12, 2024 | 5:00 pm
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Barclays maintains its Overweight rating on DoubleVerify Holdings and raises the price target to $43, indicating a potential upside of 17.42% from the current price.
The reaffirmation of an Overweight rating and an increased price target by a reputable financial institution like Barclays can be seen as a positive signal to investors, potentially leading to increased investor confidence and a rise in the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100