Raymond James Downgrades PubMatic to Market Perform
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Andrew Marok has downgraded PubMatic (NASDAQ:PUBM) from Outperform to Market Perform.
August 09, 2024 | 9:46 am
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Raymond James analyst Andrew Marok has downgraded PubMatic from Outperform to Market Perform, indicating a less optimistic outlook on the stock.
The downgrade from Outperform to Market Perform by a reputable analyst suggests a less favorable view on PubMatic's near-term performance, which could lead to a decline in investor confidence and a potential drop in the stock price.
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IMPORTANCE 80
RELEVANCE 100