On Friday, BofA upgraded DoubleVerify (DV) to Buy from Neutral with a price target of $14, down from $18, following the company’s Q3 report. DoubleVerify is “the only company left standing in the media quality measurement space,” giving it greater flexibility with R&D and innovation, which over the long term should help win share in “a product market that is not going away anytime soon,” the analyst tells investors. Assuming no reorganization efforts in calendar year 2026, it appears the stock now trades below private market value, the analyst added.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DV:
- DoubleVerify upgraded to Buy from Neutral at BofA
- DoubleVerify price target lowered to $17 from $22 at Truist
- DoubleVerify price target lowered to $16 from $24 at Scotiabank
- DoubleVerify price target lowered to $15 from $16.50 at Morgan Stanley
- DoubleVerify price target lowered to $20 from $23 at RBC Capital