Analyst Scoreboard: 7 Ratings For Magnite
Portfolio Pulse from Benzinga Insights
In the past three months, 7 analysts have evaluated Magnite (NASDAQ:MGNI), with all ratings being bullish. The average 12-month price target increased by 6% to $19.43. Magnite, a major supply-side platform in online advertising, shows strong financial health with a notable revenue growth rate and efficient debt management.
September 18, 2024 | 2:00 pm
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Magnite (NASDAQ:MGNI) has received 7 bullish analyst ratings in the past three months, with an average 12-month price target of $19.43, reflecting a 6% increase. The company's strong financial health and efficient debt management are highlighted.
The unanimous bullish ratings from analysts and the increase in the average price target suggest positive sentiment towards Magnite's stock. The company's strong financial health, including revenue growth and efficient debt management, further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100