Barclays analyst Raimo Lenschow raised the firm’s price target on DoubleVerify to $34 from $29 and keeps an Overweight rating on the shares. The company reported a quarter "with much to like," despite the fact that the sales beat of 0.8% "may not immediately jump of the page compared to prior periods," the analyst tells investors in a research note. The firm says both new business and net retention were positive data points.
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Published first on TheFly
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