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DoubleVerify price target lowered to $21 from $23 at Truist

Truist analyst Youssef Squali lowered the firm’s price target on DoubleVerify (DV) to $21 from $23 and keeps a Buy rating on the shares after its Q4 earnings. The company’s softer results and 2025 guide reflect weaker than expected resumption of Brand spend following the elections and a large CPG client pulling its marketing spend due to exposure to a rising commodity price, the analyst tells investors in a research note.

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