B. Riley Securities Maintains Buy on PubMatic, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Daniel Day maintains a Buy rating on PubMatic (NASDAQ:PUBM) and raises the price target from $21 to $27.

February 27, 2024 | 2:20 pm
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B. Riley Securities has maintained a Buy rating on PubMatic and increased the price target from $21 to $27.
The increase in price target by a reputable analyst firm like B. Riley Securities typically signals a strong bullish outlook on the stock, suggesting that the analyst sees positive momentum or developments in the company's future. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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