Truist analyst Matthew Thornton lowered the firm’s price target on Magnite to $12 from $15 and keeps a Buy rating on the shares. The company reported “disappointing” Q2 results, the analyst tells investors in a research note. The firm updated its model post the quarter.
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 Insiders’ Hot Stocks on TipRanks >>
Read More on MGNI: