Lake Street Initiates Coverage On Magnite with Buy Rating, Announces Price Target of $21
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Eric Martinuzzi has initiated coverage on Magnite (NASDAQ:MGNI) with a Buy rating and set a price target of $21.
July 25, 2024 | 4:49 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Lake Street analyst Eric Martinuzzi has initiated coverage on Magnite with a Buy rating and set a price target of $21.
The initiation of coverage with a Buy rating and a price target of $21 by Lake Street is likely to positively impact Magnite's stock price in the short term. Analyst ratings and price targets are significant indicators for investors, and a Buy rating typically suggests confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100