JP Morgan Maintains Neutral on DoubleVerify Hldgs, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Murphy has maintained a Neutral rating on DoubleVerify Holdings (NYSE:DV) and lowered the price target from $32 to $30.
February 29, 2024 | 4:35 pm
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JP Morgan has maintained a Neutral rating on DoubleVerify Holdings and reduced the price target from $32 to $30.
The reduction in price target by JP Morgan, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in DV's stock price. The Neutral rating indicates that the analyst does not see significant upside or downside from the current level, but the lowered price target suggests a revision of the expected stock performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100