JMP Securities Maintains Market Outperform on PubMatic, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Andrew Boone maintains a Market Outperform rating on PubMatic (NASDAQ:PUBM) and raises the price target from $18 to $25.
February 27, 2024 | 3:27 pm
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POSITIVE IMPACT
JMP Securities raises PubMatic's price target from $18 to $25, maintaining a Market Outperform rating.
The increase in price target by JMP Securities from $18 to $25, along with the maintenance of a Market Outperform rating, suggests a strong bullish outlook for PubMatic. This is likely to positively influence investor sentiment and potentially lead to a short-term increase in PUBM's stock price. The analyst's recommendation serves as a significant endorsement of the company's prospects, making this news highly relevant and important for investors in PUBM.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100