Needham Maintains Buy on DoubleVerify Hldgs, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Laura Martin maintains a Buy rating on DoubleVerify Holdings (NYSE:DV) but lowers the price target from $33 to $22.
September 20, 2024 | 10:13 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Needham analyst Laura Martin continues to recommend buying DoubleVerify Holdings but has reduced the price target from $33 to $22, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in DoubleVerify's potential, but the lowered price target reflects a more cautious stance on its near-term valuation. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100