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DoubleVerify price target lowered to $16.50 from $18 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on DoubleVerify (DV) to $16.50 from $18. With GenAI “winner and loser” narratives swirling heading into Q3 EPS from the internet group, the firm is focused on revisions and evidence of GPU enabled revenue/return to “trump narratives and drive performance,” says the analyst, who is “most constructive” on Meta (META), DoorDash (DASH), Unity (U) and eBay (EBAY) into Q3 reporting.

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