RBC Capital Reiterates Outperform on Magnite, Maintains $19 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg has reiterated an 'Outperform' rating for Magnite (NASDAQ:MGNI) and maintained a price target of $19.
September 27, 2024 | 2:29 pm
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RBC Capital has reiterated its 'Outperform' rating for Magnite, maintaining a price target of $19. This suggests confidence in Magnite's potential for growth.
The reiteration of an 'Outperform' rating and a maintained price target of $19 by RBC Capital indicates a positive outlook for Magnite. This can lead to increased investor confidence and potentially a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100