Barclays lowered the firm’s price target on DoubleVerify (DV) to $12 from $18 and keeps an Overweight rating on the shares. The company’s Q3 “showed some weakness” related to the macro spending environment, the analyst tells investors in a research note. The firm sees DoubleVerify’s miss on revenue and lowered fiscal 2025 guidance weighing on shares in the near-term.
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