Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on MNTN, Inc Class A today and set a price target of $36.00.
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Ivan Feinseth has given his Buy rating due to a combination of factors that highlight MNTN, Inc Class A’s promising growth trajectory. The company’s strong financial and operational performance in the third quarter of 2025 underscores its potential for sustained economic profit and long-term shareholder value. MNTN’s innovative use of AI-driven technology in its connected TV (CTV) platform is a key driver of its business success, enhancing its ability to optimize ad targeting and campaign performance.
Furthermore, the expansion of MNTN’s total addressable market is fueled by the increasing shift of advertisers towards connected TV. This trend, coupled with MNTN’s advanced technology that automates audience targeting and campaign management, positions the company well for continued growth. These factors collectively support Feinseth’s confidence in MNTN’s ability to achieve its 12-month target price of $36, reinforcing the Buy rating.
In another report released on November 5, Evercore ISI also maintained a Buy rating on the stock with a $33.00 price target.