JMP Securities Maintains Market Outperform on DoubleVerify Hldgs, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Andrew Boone maintains a Market Outperform rating on DoubleVerify Holdings (DV) but lowers the price target from $45 to $40.

February 29, 2024 | 7:20 pm
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JMP Securities maintains a Market Outperform rating on DoubleVerify Holdings but lowers the price target from $45 to $40.
While the maintenance of a Market Outperform rating by JMP Securities indicates continued confidence in DoubleVerify Holdings' market performance, the reduction in the price target from $45 to $40 suggests a tempered outlook on the stock's value. This could lead to mixed reactions in the short term, as investors weigh the positive rating against the lowered price expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100