RBC Capital lowered the firm’s price target on DoubleVerify to $40 from $48 but keeps an Outperform rating on the shares. The firm expects some upside in the company’s upcoming Q3 results as the firm’s checks around overall spend have been positive despite some format-specific softness, the analyst tells investors in a research note.
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Read More on DV:
- DoubleVerify price target lowered to $38 from $44 at Stifel
- DoubleVerify price target lowered to $36 from $45 at Barclays
- DoubleVerify initiated with a Neutral at Macquarie
- DoubleVerify price target lowered to $45 from $47 at Barclays
- RBC Capital more positive on DoubleVerify after product innovation day