DoubleVerify price target raised to $45 from $35 at JMP Securities

JMP Securities analyst Andrew Boone raised the firm’s price target on DoubleVerify to $45 from $35 and keeps an Outperform rating on the shares. The firm has greater confidence that brand safety will launch by year-end as Walled Gardens are increasingly integrating with DoubleVerify, and tells investors in a research note that with no sign of a slowdown in brand safety demand, greater international traction with clients, and Authentic Attention well positioned to contribute, the firm’s estimates remain conservative.