Barclays Maintains Overweight on DoubleVerify Hldgs, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Overweight rating on DoubleVerify Holdings (DV) but lowers the price target from $40 to $30.

May 08, 2024 | 6:45 pm
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Barclays maintains an Overweight rating on DoubleVerify Holdings but lowers the price target from $40 to $30.
The reduction in price target by Barclays, despite maintaining an Overweight rating, could lead to a negative short-term sentiment among investors. This adjustment reflects a lowered expectation for DV's stock price performance, potentially impacting investor confidence and the stock's market price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100