Baird Maintains Outperform on DoubleVerify Hldgs, Raises Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Vikram Kesavabhotla has maintained an Outperform rating on DoubleVerify Holdings (DV) and increased the price target from $38 to $44. This adjustment reflects Baird's positive outlook on DV's performance.
January 18, 2024 | 7:20 pm
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Baird analyst Vikram Kesavabhotla reaffirms an Outperform rating on DoubleVerify Holdings and raises the price target to $44, indicating a positive outlook on the company's stock.
The increase in price target by Baird suggests a strong conviction in the future performance of DoubleVerify Holdings. This is likely to be perceived positively by the market, potentially leading to a short-term increase in the stock price as investors react to the analyst's upgraded outlook.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100