BMO Capital Maintains Outperform on DoubleVerify Hldgs, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Brian Pitz maintains an Outperform rating on DoubleVerify Holdings (DV) but lowers the price target from $42 to $38.

May 09, 2024 | 3:16 pm
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NEUTRAL IMPACT
BMO Capital maintains an Outperform rating on DoubleVerify Holdings but lowers the price target from $42 to $38.
While the reduction in the price target could suggest a tempered outlook on the stock's short-term price potential, the maintenance of an Outperform rating indicates a continued positive view on the company's fundamentals and growth prospects. This mixed signal could lead to a neutral short-term impact on the stock price as investors weigh the lowered price target against the analyst's ongoing confidence in the company.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100