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DoubleVerify price target raised to $35 from $32 at Loop Capital

Loop Capital analyst Yun Kim raised the firm’s price target on DoubleVerify to $35 from $32 and keeps a Buy rating on the shares. Despite the challenging digital advertising environment, the company’s transaction-driven model remained resilient, and DoubleVerify continues to gain market share, the analyst tells investors in a research note. Authentic Attention is the company’s biggest upside potential catalyst, and growth of international business also remains an opportunity for DoubleVerify, the firm added.

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