Goldman Sachs Maintains Buy on DoubleVerify Hldgs, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan has maintained a Buy rating on DoubleVerify Holdings (DV) but has lowered the price target from $38 to $25.

May 09, 2024 | 12:41 pm
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Goldman Sachs maintains a Buy rating on DoubleVerify Holdings but lowers the price target from $38 to $25.
While the maintenance of a Buy rating by Goldman Sachs indicates continued confidence in DoubleVerify Holdings' fundamentals and growth potential, the reduction in the price target could reflect adjustments in valuation metrics, market conditions, or company-specific factors. This mixed signal might lead to short-term price volatility as investors reassess their expectations based on the new price target.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100