Baird Maintains Outperform on DoubleVerify Hldgs, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Vikram Kesavabhotla has maintained an Outperform rating on DoubleVerify Holdings (DV) but lowered the price target from $42 to $34.
May 08, 2024 | 11:38 am
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Baird maintains an Outperform rating on DoubleVerify Holdings but reduces the price target from $42 to $34.
While the maintenance of an Outperform rating indicates continued confidence in the company's prospects, the reduction in the price target could suggest a reassessment of the company's near-term growth or valuation metrics. This mixed signal might lead to short-term market uncertainty about DV's stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100