Truist lowered the firm’s price target on DoubleVerify (DV) to $17 from $22 and keeps a Buy rating on the shares. The company’s mixed Q3 results and Q4 guide reflect softness from the Retail vertical, which accounts for about 4% of revenue, but otherwise shows sustained momentum with existing customers and healthy new customer acquisition, the analyst tells investors in a research note.
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- DoubleVerify price target lowered to $15 from $16.50 at Morgan Stanley
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