RBC Capital keeps an Outperform rating and $48 price target on DoubleVerify following the company’s product innovation day. The firm has come away incrementally more positive on the name, stating that its momentum continues to build with the close of the Scibids acquisition. DoubleVerify also highlighted progress on its AI journey along with offering more details around its near-term guidance and long-term targets, the analyst tells investors in a research note.
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