Needham Reiterates Buy on Magnite, Maintains $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Laura Martin reiterates a Buy rating on Magnite (NASDAQ:MGNI) and maintains a $15 price target.

February 23, 2024 | 11:44 am
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Needham analyst Laura Martin reiterates a Buy rating on Magnite and maintains a $15 price target.
The reiteration of a Buy rating and maintenance of a $15 price target by a reputable analyst like Laura Martin from Needham is likely to instill confidence among investors and could positively influence Magnite's stock price in the short term. Analyst ratings, especially from well-regarded financial institutions, can significantly impact investor sentiment and stock prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100