JMP Securities raised the firm’s price target on DoubleVerify to $45 from $39 and keeps an Outperform rating on the shares. The firm’s checks suggest the digital advertising market was healthy in 4Q23 with strength continuing in January, and the firm expects broadly positive reports from its digital advertising coverage universe this quarter, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on DV:
- DoubleVerify price target raised to $43 from $40 at Barclays
- Salesforce upgraded, Warner Bros. downgraded: Wall Street’s top analyst calls
- BofA starts DoubleVerify with a Buy, sees 32% upside
- DoubleVerify initiated with a Buy at BofA
- ‘2024 Will Be a Breakout Year for AdTech,’ According to BMO — Here Are 3 Stocks to Take Advantage