Needham Reiterates Buy on Magnite, Maintains $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Laura Martin has reiterated a Buy rating on Magnite (NASDAQ:MGNI) and maintained a price target of $15.
October 02, 2024 | 9:34 am
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Needham analyst Laura Martin has reiterated a Buy rating on Magnite and maintained a price target of $15, indicating confidence in the company's future performance.
The reiteration of a Buy rating and maintenance of a $15 price target by a reputable analyst suggests a positive outlook for Magnite. This can boost investor confidence and potentially lead to a short-term increase in stock price.
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IMPORTANCE 80
RELEVANCE 100