Benchmark Maintains Buy on Magnite, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Daniel Kurnos has maintained a Buy rating on Magnite (NASDAQ:MGNI) and increased the price target from $16 to $18.
February 29, 2024 | 2:26 pm
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Benchmark analyst Daniel Kurnos has reaffirmed a Buy rating on Magnite and raised the price target from $16 to $18.
The increase in price target by a reputable analyst suggests a positive outlook on Magnite's future performance. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
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