JMP Securities Maintains Market Outperform on DoubleVerify Hldgs, Lowers Price Target to $34
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 $40 to $34.

May 08, 2024 | 5:56 pm
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NEUTRAL IMPACT
JMP Securities maintains a Market Outperform rating on DoubleVerify Holdings but reduces the price target from $40 to $34.
While the maintenance of a Market 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 potential or market conditions. This mixed signal might lead to neutral short-term price movement as investors digest both the reaffirmation of the stock's potential and the lowered price expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100