Morgan Stanley Downgrades DoubleVerify Hldgs to Equal-Weight, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has downgraded DoubleVerify Holdings (NYSE:DV) from Overweight to Equal-Weight and lowered the price target from $40 to $21.
June 25, 2024 | 10:11 am
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Morgan Stanley has downgraded DoubleVerify Holdings from Overweight to Equal-Weight and significantly lowered the price target from $40 to $21.
The downgrade from Overweight to Equal-Weight and the significant reduction in the price target from $40 to $21 by a major financial institution like Morgan Stanley is likely to negatively impact investor sentiment and the stock price of DoubleVerify Holdings in the short term.
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