Strong Financial Performance and Promising Outlook Drive Buy Rating for LiveRamp Holdings

Analyst Shyam Patil of Susquehanna maintained a Buy rating on LiveRamp Holdings (RAMP – Research Report), with a price target of $50.00.

Shyam Patil has given his Buy rating due to a combination of factors that highlight LiveRamp Holdings’ strong financial performance and promising outlook. The company reported a robust fourth quarter, surpassing expectations in both revenue and earnings. This performance was driven by significant growth in both subscription and marketplace revenues, with notable success in renewing large contracts.
Despite some macroeconomic uncertainties, LiveRamp’s management has provided a solid forecast for the future, indicating confidence in the company’s ability to maintain its growth trajectory. The focus on larger customers and the successful closure of large deals in the subsequent quarter further bolster the positive outlook. These factors, combined with consistent pipeline conversion rates and strategic focus, underpin Shyam Patil’s positive assessment and Buy rating for LiveRamp Holdings.