Wells Fargo Maintains Overweight on DoubleVerify Hldgs, Lowers Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Brian Fitzgerald has maintained an Overweight rating on DoubleVerify Holdings (DV) but has lowered the price target from $44 to $41.

March 01, 2024 | 5:58 pm
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Wells Fargo maintains an Overweight rating on DoubleVerify Holdings but lowers the price target from $44 to $41.
The adjustment in price target by a major analyst like Wells Fargo can have a mixed impact on DV's stock price. While maintaining an Overweight rating indicates a positive outlook, the reduction in the price target might cause some investors to adjust their expectations for the stock's future performance. However, the overall bullish stance suggests that the impact might be neutral in the short term, as the market absorbs the new price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100