BMO Capital Reiterates Outperform on DoubleVerify Hldgs, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Brian Pitz has reiterated an Outperform rating on DoubleVerify Holdings (DV) but has lowered the price target from $44 to $42.

March 01, 2024 | 2:21 pm
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NEUTRAL IMPACT
BMO Capital maintains an Outperform rating on DoubleVerify Holdings but lowers the price target from $44 to $42.
The adjustment in price target by BMO Capital, while maintaining an Outperform rating, suggests a slight recalibration of expectations rather than a fundamental change in the company's outlook. The reduction in price target might cause a short-term negative reaction in the stock price, but the continued Outperform rating indicates underlying confidence in the company's growth potential.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100