Analysts Offer Insights on Technology Companies: MNTN, Inc Class A (NYSE: MNTN) and Maxlinear (NASDAQ: MXL)We are upgrading shares of MNTN to Buy/HR from Neutral/HR given our view that its CTV targeting and creative tools like MNTN Matched and the upcoming launch of QuickFrame AI can deliver continued PTV customer growth, as margins expand. A key differentiator at MNTN, in our view, are its direct relationships with its PTV customers and as ROAS improves, we believe MNTN is well positioned to gain a greater share of its customers budgets. This as contributions from newer products (like QuickFrame AI) and recently announced partnerships (e.g. PubMatic, ZoomInfo, & potentially Netflix, among others) should strengthen MNTN’s value prop. Shares of MNTN currently trade at 11x our ’26E EV /EBITDA and with shares down 38% since reporting better than expected 2Q results (vs. the S&P +6%), we would take advantage of this dislocation, though we note MNTN’s IPO lockup expires on 11/06.