In a report released today, Andrew Boone from JMP Securities reiterated a Buy rating on DoubleVerify Holdings (DV – Research Report), with a price target of $41.00. The company’s shares closed last Tuesday at $18.28.
According to TipRanks.com, Boone has 0 stars on 0-5 stars ranking scale with an average return of -23.0% and a 14.7% success rate. Boone covers the Technology sector, focusing on stocks such as Fiverr International, Zillow Group Class A, and Uber Technologies.
DoubleVerify Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $33.86, representing a 72.0% upside. In a report issued on May 9, RBC Capital also maintained a Buy rating on the stock with a $31.00 price target.
DoubleVerify Holdings’ market cap is currently $3.13B and has a P/E ratio of 103.69.
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DV in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
DoubleVerify Holdings Inc is a digital media measurement and analytics software platform. The Authentic Ad ensures that a digital ad was delivered in a brand-safe setting, completely viewable, by a real individual, and in the expected geography, is one of its solutions. It generates revenues from its advertisement customers by charging a Measured Transaction Fee on the volume of Media Transactions Measured on the software platform.
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