MNTN price target raised to $35 from $25 at Needham

Needham analyst Laura Martin raised the firm’s price target on MNTN (MNTN) to $35 from $25 and keeps a Buy rating on the shares after its Q2 results. Performance-CTV ads are the fastest growing segment of digital video ad spending, and MNTN is the largest pure-play DSP – Demand-Side Platform – for performance-CTV, the analyst tells investors in a research note.