Loop Capital raised the firm’s price target on DoubleVerify to $50 from $35 and keeps a Buy rating on the shares ahead of its Q4 results. The company should report a solid quarter driven by healthy ad volume, which has been resilient throughout the year, the analyst tells investors in a research note. DV also offers broad exposure to multiple fast-growing advertising platforms, including TikTok, with its highly regarded viewability and suitability solutions, the firm added.
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