BMO Capital analyst Brian Pitz lowered the firm’s price target on DoubleVerify (DV) to $17 from $27 but keeps an Outperform rating on the shares. The company’s Q3 results were a 1% revenue miss, driven by a 2% decline in Activation revenues, though adjusted EBITDA beat expectations by 6% due to AI efficiencies, the analyst tells investors in a research note. New AI solutions, along with Social and Connected-TV, remain attractive growth levers that should help accelerate revenue in 2026, the firm added.
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