Scotiabank analyst Nat Schindler lowered the firm’s price target on DoubleVerify (DV) to $16 from $24 and keeps an Outperform rating on the shares. The company posted “relatively weak” quarterly results, but the firm notes management did a “good job of tempering expectations” within the quarter, the analyst tells investors. While there are still headwinds, the firm believes the risk-reward is attractive.
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