Wells Fargo analyst Alec Brondolo lowered the firm’s price target on DoubleVerify (DV) to $10 from $13 and keeps an Underweight rating on the shares. The firm notes the company’s revenue growth meaningfully outperformed expectations in the first half of 2025 on strong customer wins and better open web ad trends. Wells anticipates normalization as macro weakens in the second half of the year, and is reducing estimates as a result.
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