Raymond James Maintains Outperform on Viant Technology, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Andrew Marok has maintained an Outperform rating on Viant Technology (NASDAQ:DSP) and increased the price target from $7 to $10.
January 24, 2024 | 8:21 pm
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Raymond James has reaffirmed an Outperform rating on Viant Technology and raised the price target from $7 to $10, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Andrew Marok from Raymond James typically signals a strong conviction in the company's future performance and can lead to increased investor confidence. This is likely to have a positive impact on the stock price in the short term as market participants may adjust their valuations based on the new price target.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100